Consumer price inflation for 2020 was the lowest in 16 years and the second lowest in 51 years as demand remained muted on the effects of the Covid-19 lockdowns.

Consumer confidence in South Africa is expected to remain subdued despite sentiment inching up slightly in the fourth quarter amid further relaxation of Covid-19 restrictions.

In proprietary data released by South African payments provider, Yoco, small businesses experienced a remarkable 46% increase in card transaction volume on Black Friday compared to the average volume processed on a Friday after pay day.

Food prices are rising as South Africa approach the festive season, according to new data from the Pietermaritzburg Economic Justice and Dignity Group (PEJDG).

The International Wine Challenge, the world’s most influential and rigorously judged wine competition, has announced its 30 best wines from around the world.

Finance minister Tito Mboweni made several announcements in his Medium Term Budget Policy Statement (MTBPS) on Wednesday (28 October) which will likely have a direct impact on the pockets of South Africans, says Hannes van den Berg, chief executive at Momentum Consult.

Massmart has added its voice to retailers who lament the alcohol sales ban for causing them to part with billions of rands they could have made had the sale of liquor not been disrupted.

The real disposable income of South African households contracted by 49.7% in the second quarter of 2020, says the Parliamentary Budget Office (PBO) citing data from the Reserve Bank.

South Africa has seen a massive surge in potato prices in recent months, after an unusually cold winter in Limpopo hurt the early part of the province’s harvest.

Woolworths has committed to “more accessible prices”, and plans to “invest” R1 billion in keeping prices lower over the next two to three years.

If you've noticed that supermarkets seem to be shrinking as you get older, rest assured it's not just you. Pick n Pay stores these days are significantly smaller than they were, down 30% for new stores compared to the equivalent one opened five years ago, the retail group said.

New research from the Pietermaritzburg Economic Justice and Dignity group (PMBEJD) shows how the prices of core foods differ across the country’s major cities.