The date is set for a wide-reaching investigation into the fresh food market in South Africa
The Department of Trade and Industry and Competition has gazetted the terms of reference for a wide-reaching market inquiry related to the fresh produce market in South Africa, including prices.
A study published by the commission in 2021 also found worrying trends around the concentration and participation of farmers in the South African economy which raised red flags. Regarding price gouging, the commission’s records show that of 1,254 excessive pricing investigations during Covid-19, 713 of them related to basic food and fresh produce.
The impact of retailers in the process will also be included, though to curtail the duration of the inquiry, only certain fresh produce items will be investigated.
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