Despite claims of unnecessary price hikes on essential goods, food retailers have assured us time and again that they are not deliberately or at all hiking up their prices. Although we have seen and some witnessed these price hikes it is unfortunate to see that it is still an ongoing issue.
Today the Minister of finance Mr Tito Mboweni posted on Twitter a picture of loose garlic priced at R149.99 and captioned it 'Wow'. Mr Mboweni is known on Twitter for he's rather odd meals for someone who has done well for himself financially. You can find him cooking Pilchards with pap topped up with his favourite which is garlic.
Fans commented that he is the reason for the price hike because retailers saw the demand is there hence the price hike. Others commented that at least he can see what people have been complaining about and that as the Minister, he should attend to the issue with immediate effect.
Supermarkets such as SPAR, Woolworths, Food Lovers Market (FLM), and the Shoprite Group, attribute certain increases to the end of promotions and supplier-driven increases. However, I highly doubt that loose garlic costs R149.99 when it's not on promotion.
“Prices will as always be dictated by market conditions, but we have excellent long-standing relationships with our suppliers and our supply of products is stable and consistent, along with pricing. We will not be profiteering from this crisis and have issued strict instructions to both our stores and franchisees in this regard.”
“We find that there might be some confusion between the price of our fresh produce on special and the same fruit and veg offered at the normal price.
At least Pick n Pay was honest enough to say that in cases where prices have increased due to the increase in demand as well as the need for the supermarket to place a maximum quantity limit on the amount of items consumers may purchase.
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