Food price drop likely due to heavy rains (but meat prices will remain high)

Food prices are expected to drop due to recent heavy rains.

Due to drought, food inflation rose to 11.6% and the Reserve Bank had predicted it could go as high as 12.3%.

Christo Joubert, Agricultural Economist, at the National Agricultural Marketing Council, says we might start seeing a relief in maize prices 3-4 months from now when the new crops come in.

Maize price is still high at this stage and we still have to import some maize from the shortfall we are currently experiencing. I think we can start seeing a relief after June/July.

Christo Joubert, Agricultural Economist, National Agricultural Marketing Council

However, meat prices will still remain high, says Joubert.

To hear more on food prices, listen below:

Read More
Drought not over yet - SA Weather Service

Drought not over yet - SA Weather Service

South African Weather Service chief scientist, Dr Joel Botai, says the country still needs more rain to recover from the drought.

Vaal Dam levels increase by 5.2%

Vaal Dam levels increase by 5.2%

Department of Water and Sanitation says recent rains have increased the Vaal Dam levels but more is still needed.

Wet December in Gauteng and unusual weather forecast for 2017

Wet December in Gauteng and unusual weather forecast for 2017

Although it is normal to get rain at this time of the year, the intensity of the rain fall might be linked to climate change.

Agri SA calls for govt assistance for farmers affected by the drought

Agri SA calls for govt assistance for farmers affected by the drought

The worst drought in a decade has devastated SA farmers.

Music icons who died and left a void in the industry

Music icons who died and left a void in the industry

It's been a tough year for the music industry, which has seen the death of many legends and cultural icons.

Popular articles
Opinion: Social housing in Sea Point won't collapse your world! - John Maytham

Opinion: Social housing in Sea Point won't collapse your world! - John Maytham

Social housing in Sea Point will house the very people who you are happy to have look after your kids & serve you in restaurants.

Sale of Tafelberg gets green-light from Cape Town City

Sale of Tafelberg gets green-light from Cape Town City

Despite months of protests and lobbying, affordable housing and redevelopment finally lose the battle for Tafelberg site.

Opinion: Laying equal blame on parents in Spur spat is wrong says Eusebius

Opinion: Laying equal blame on parents in Spur spat is wrong says Eusebius

He believes it's a moral cop-out to say the only thing going on in the video is two adults behaving badly in front of the kids.

Is Uber dying? Stuff’s editor explains…

Is Uber dying? Stuff’s editor explains…

High ranking employees are resigning en masse as crisis upon crisis pummel lossmaking Uber.

Spur CEO: Man's pic will be up at restaurants and he is not welcome

Spur CEO: Man's pic will be up at restaurants and he is not welcome

Spur CEO says staff aren't equipped for this kind of customer confrontation and he will consider reviewing their training manual.

WATCH: Spur bans man after heated spat caught on camera

WATCH: Spur bans man after heated spat caught on camera

A man has been banned from Spur after threatening a woman during a heated argument which was captured on video and has gone viral.

Spur tightens its belt as 'two for the price of one' Monday burger special ends

Spur tightens its belt as 'two for the price of one' Monday burger special ends

The CEO of Spur says food inflation has played a big role in making this difficult decision.

Earn peanuts? How to best invest very small amounts...

Earn peanuts? How to best invest very small amounts...

Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…