THE PRICE OF BREAD SET TO INCREASE

By Sylvester Raraza Email: sylvesterraraza@gmail.com Twitter: @Syvester_tut Bread, breakfast cereals, maize meal (which is used to make popular South African cuisine Pap) and other food products that are produced by using grain, are all set for price increments, according to South Africa’s largest food producer Tiger Brands. These food price increases are going to hammer already under pressure consumers, who have been hit with continued fuel price hikes. Tiger Brands anticipates that wheat and grain food products are likely to surge at a rate of between 15% and 20%. And it doesn’t end there, Tiger Brands Chief Executive Officer (CEO) Noel Doyl, says Koo baked beans and other food products packaged in tins should be expected to rise in costs. Consumers have certainly been feeling the pinch of food price inflation. Picture: Albany via their website. The context from which these food price hikes should be drawn from is the conflict in Europe, between Russia and Ukraine, and China’s ...