CEO’s Desk - Closer towards the end of the line

As we countdown to the end of 2021, the NAMC reflects on its contribution to its core mandate of providing marketing advisory services to the Minister and the sector stakeholders. The NAMC played an instrumental technical role in assessing the impact of the July unrest to the economy and food systems.

Russia-Ukraine conflict and its potential impact on trade and food prices for South Africa

The latest food price monitoring report which the NAMC releases on a monthly basis shows that in January 2022 the nominal cost of the NAMC’s 28-item urban food basket amounted to R1 011.54 compared to the R1 001.18 reported in December 2021. This represents a monthly increase of 1.0% and a year-on-year increase of 4.1%.