by Paul Matthew | Mar 3, 2022 | Uncategorized
South African consumers are being pummelled by an all-time high fuel price and escalating food inflation, say experts at FNB. The March fuel price increase will have a severe impact on spending patterns, even on food, as consumers spend less and move to cheaper... Read more
by Paul Matthew | Mar 3, 2022 | Uncategorized
The world’s three biggest container lines on Tuesday temporarily suspended cargo shipments to and from Russia in response to Western sanctions on Moscow following its invasion of Ukraine, in a further blow to trade with the country. 3 largest shipping lines... Read more
by Paul Matthew | Mar 3, 2022 | Uncategorized
Importers from London to Warsaw will soon face higher shipping costs, longer delays and an obstacle course of sanctions to navigate as Russia’s widening assault on Ukraine complicates the movement of cargo between Europe and Asia. Russia-Ukraine War Shocks Ripple... Read more
by Paul Matthew | Mar 1, 2022 | Uncategorized
The latest Household Affordability Index by the Pietermaritzburg Economic Justice & Dignity group (PMBEJD) shows that food prices decreased slightly in February 2022. 21 food items South Africans are paying a lot more for right now... Read more
by Paul Matthew | Mar 1, 2022 | Uncategorized
As the sea-freight industry continues to battle box availability shortfalls due to rampant port congestion, shipper-owned containers (SOCs) are finding more traction among freight forwarders. Shipper-owned containers gain popularity | Freight... Read more
by Paul Matthew | Feb 28, 2022 | Uncategorized
A common thread currently uniting the retail landscape for most proteins is inflationary pressure prompted in part by strong demand, persistent snags in the supply chain, tight supplies, and increased production costs. At present, Urner Barry’s beef, pork, and chicken... Read more
by Paul Matthew | Feb 28, 2022 | Uncategorized
Danish container line Maersk has issued an advisory stating that ongoing delays continue to impact sailings across the globe, with more than a week between departures from Asia in certain instances. Delays the norm as port congestion spreads | Freight... Read more
by Paul Matthew | Feb 25, 2022 | Uncategorized
The link between geopolitical events and market returns is a subject of much debate among both academics and investors. On one hand, it is clear that markets tend to initially react negatively to surprising geopolitical events. However, as time passes, they soon shrug... Read more
by Paul Matthew | Feb 24, 2022 | Uncategorized
PARIS, Feb 22 (Reuters) – France adopted a decree on Tuesday banning imports of meat from animals treated with growth antibiotics – a practice prohibited in farming within the European Union since 2006 – in a move that would mainly affect the poultry... Read more
by Paul Matthew | Feb 23, 2022 | Uncategorized
The global beef market is highly competitive and difficult to break into. With South Africa’s beef export industry still in its infancy, Susan Marais explores the reasons why Chinese consumers might not be the most willing buyers of our product, and looks at what the... Read more
by Paul Matthew | Feb 17, 2022 | Uncategorized
The data released by Statistics South Africa this morning, 16 February 2022, shows that consumer food price inflation accelerated to 6,2% year-on-year in January 2022, from 5,9% year-on-year in the previous month. Fish, oils and fats, and vegetables are the primary... Read more
by Paul Matthew | Feb 17, 2022 | Uncategorized
Consumer demand and behaviors remain in flux in 2022. Inflationary pressure, COVID worries impact meat purchases | WATTPoultry... Read more