Food prices soar unabated and out of touch Government is not responding

Statistics South Africa (StatsSA) has reported headline inflation at 5.4%. While marginally below the South African Reserve Bank’s (SARB) 6% upper target limit, this should not be mistaken for a sign of economic resilience. A marginal dip below the upper range doesn’t erase the government-induced cost-of-living crisis that has driven food prices steadily upward and…...