Food prices edge up on SA drought

Friday, March 27, 2015

Botswana imports bulk of its grain demand from South Africa. PIC: KAGISO ONKATSWITSE

Consumers will have to dig deeper into their pockets this year as players in the fast moving consumer goods are already reporting an increase in the prices of maize meal and other maize related products.

This comes on the back of drought in South Africa that has shrunk the SA crop by almost a third, leading to an increase in maize meal prices. Botswana imports about 95 percent of its white maize from South Africa.

It was reported that maize prices in Botswana had increased by up to 40 percent since December last year and that the market should expect further increases in the price of finished products from this month.

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Food prices edge up on SA drought

Consumers will have to dig deeper into their pockets this year as players in the fast moving consumer goods are already reporting an increase in the prices of maize meal and other maize related products.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!