Farmer's Weekly

The food consumption habits of cash-strapped South Africans

If South Africans felt they were already in a perilous financial position at the end of 2019, they were in for a particularly nasty shock, as COVID-19 arrived soon thereafter. Figures provided by Statistics South Africa show that the unemployment rate in the country reached an all-time high of 30,8% in the third quarter of 2020.

According to market research provider Euromonitor International (Euromonitor), 68,3% of South Africans in 2019 had an annual disposable income of less than US$2 500 (about R36 800). In 2020, and largely due to the COVID-19 pandemic, this figure increased to an estimated 70,1% of the population. Moreover, South African consumers are likely to be particularly cash-strapped during 2021, and this will have a profound impact on their food purchasing and consumption behaviour. This is according to Dr Hester Vermeulen and Dr Marlene Louw,

Vous lisez un aperçu, inscrivez-vous pour en lire plus.

Plus de Farmer's Weekly

Farmer's Weekly6 min de lectureAgriculture
Getting A Silage Maize Crop Into The Bunker Chop-chop
The clean and neatly parked fleet of John Deere forage harvesters, tractors, and large haulage trailers on East End Farm make for an impressive sight. Around mid-March, the collective roar of the powerful, green-and-yellow diesel machines reverberate
Farmer's Weekly2 min de lecturePolitics
Land Reform: What The Budget Tells Us
A favourite phrase of the ANC government is “accelerated land reform”. You would have heard it repeated a few times during February, when President Cyril Ramaphosa delivered the State of the Nation Address, and Minister of Finance Tito Mboweni the 20
Farmer's Weekly1 min de lectureCookbooks, Food, & Wine
Fast Facts
The cost of bush control is much lower than the value of land, so it makes economic sense. When maximum grass production is required for grazers such as cattle and sheep, sweet thorn can be thinned more aggressively. If goats are kept, the farmer