Food prices skyrocketed by 50% from 2020 to 2024

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Food prices jumped by 50% from September 2020 to September 2024 (Dwayne Senior/Bloomberg via Getty Images)

South Africans have to tighten their belts as they endure the continuing cost of living crisis, pushing food prices —- which jumped by 50% from September 2020 to September 2024 — to unaffordable levels. 

According to the Competition Commission‘s latest Essential Food Pricing Monitoring report, there was a steep rise in the cost of a food basket that included maize meal,…



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