{"id":879695,"date":"2026-10-14T11:00:00","date_gmt":"2026-10-14T09:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=879695"},"modified":"2026-10-14T10:34:02","modified_gmt":"2026-10-14T08:34:02","slug":"shoprite-warns-of-a-15-year-low-for-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business-opinion\/879695\/shoprite-warns-of-a-15-year-low-for-south-africa\/","title":{"rendered":"Shoprite warns of a 15-year low for South Africa"},"content":{"rendered":"\n<p>South Africa is facing a food security crisis where easing food inflation is not enough to stop widespread hunger, with food security levels returning to what they were 15 years ago in 2010.<\/p>\n\n\n\n<p>While the national food inflation has slowed significantly, dropping from 14% in 2023 to 5% in 2025, 12% of South African households still experience hunger.<\/p>\n\n\n\n<p>This is according to Shoprite&#8217;s recent <a href=\"https:\/\/www.shopriteholdings.co.za\/docs\/shp-food-index-2025.pdf\">South African Food Security Index <\/a>for 2025, which monitors national progress across areas such as availability, economic access, utilisation, and stability amidst fluctuating food inflation.<\/p>\n\n\n\n<p>The report highlighted that child nutrition remains a significant concern, as one in four children under the age of five suffers from stunted growth due to insufficient nutrition, which also affects cognitive development.<\/p>\n\n\n\n<p>South Africa\u2019s cost of a healthy diet is lower than that of its neighbours, Botswana and Namibia, and other BRICS countries (for which data is available). <\/p>\n\n\n\n<p>However, a higher percentage of South Africans cannot afford a healthy diet due to high poverty rates and inequality.&nbsp;<\/p>\n\n\n\n<p>The report showed that 61.7% of South Africans cannot afford a healthy, nutritious diet at a daily cost of R64.23 ($3.90).<\/p>\n\n\n\n<p>South Africa&#8217;s high unemployment levels, which sit at 33.2%, also contribute to a suppressed household purchasing power.<\/p>\n\n\n\n<p>Shoprite Group Chief Sustainability Officer Sanjeev Raghubir told <a href=\"https:\/\/www.youtube.com\/watch?v=3hEdTGxRWrE&amp;list=PL_GdPpTdZLw5yIS4nESRas8nB--i8FU-d&amp;index=2\">Talk Radio 702<\/a> that food security is multi-dimensional, requiring physical availability, economic access, and nutritional value.<\/p>\n\n\n\n<p>Raghubir highlighted that although food inflation has eased, families still face severe competing budget pressures from high non-food living costs, including electricity, water, transport, and housing.<\/p>\n\n\n\n<p>The report showed that more customers are changing how they shop each month to cope with budget constraints.<\/p>\n\n\n\n<p>&#8220;What we&#8217;re seeing through our tills is that households are either buying down, so they&#8217;re buying smaller pack sizes to make it through the month, they&#8217;re switching to more affordable brands, or they&#8217;re switching to private label brands,&#8221; said Raghubir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Retailers are actively trying to contain price hikes <\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/Untitled-design-2026-10-14T095537.720.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/Untitled-design-2026-10-14T095537.720-1024x576.png\" alt=\"\" class=\"wp-image-879721\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/Untitled-design-2026-10-14T095537.720-1024x576.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/Untitled-design-2026-10-14T095537.720-300x169.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/Untitled-design-2026-10-14T095537.720-768x432.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2026\/10\/Untitled-design-2026-10-14T095537.720.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Shoprite Group Chief Sustainability Officer Sanjeev Raghubir<\/figcaption><\/figure>\n\n\n\n<p>Shoprite Holdings recorded strong growth and record earnings in its most recent annual results, with annual trading profit climbing to R16.2 billion.<\/p>\n\n\n\n<p>When addressing these record profits, Raghubir pointed out Shoprite&#8217;s price-containment efforts, specifically holding internal food inflation to 0.8% compared with the 3.6% national average.<\/p>\n\n\n\n<p>&#8220;A 0.8% internal food inflation versus a 3.6% external is an indication of what efforts, as a retailer, the Shoprite Group is doing to keep prices low,&#8221; said Raghubir.<\/p>\n\n\n\n<p>Raghubir explained that the retailer has kept the price of a 600-gram loaf of brown bread at R5 for the past 10 years, which equates to 0% inflation.<\/p>\n\n\n\n<p>&#8220;A customer can walk into a Shoprite right now and buy a loaf of bread for five rand, and we&#8217;ve got a number of five-rand deli meals that a customer can purchase,&#8221; he said.<\/p>\n\n\n\n<p>He said that in the 2025 financial year, the group&#8217;s prices increased by 2.3%, and more than 13,000 products in its stores were cheaper than the previous year.<\/p>\n\n\n\n<p>&#8220;The 27.7 million loaves of R5 bread sold in 2025 would stretch from Cape Town nearly all the way to London.&#8221;<\/p>\n\n\n\n<p>In its report, Shoprite reported that it had donated R258 million in surplus food and goods, served 8.9 million meals through 33 mobile soup kitchens, and supported 287 community food gardens.<\/p>\n\n\n\n<p>&#8220;It&#8217;s a collective effort across the value chain, from farmers to manufacturers to retailers. I&#8217;m sure there&#8217;s more that everyone can do,&#8221; said Raghubir.<\/p>\n\n\n\n<p>He said that the private sector, civil society, and government should all do more to address food insecurity and improve the economy to increase South Africans&#8217; earning power.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa is facing a food security crisis with food security levels returning to what they were in 2010.<\/p>\n","protected":false},"author":127,"featured_media":862736,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"failed","_sma_x_autopost_error":"Instagram publishing failed: Instagram returned HTTP 400: Media ID is not available","_sma_x_post_id":"2110294815589925237","_sma_facebook_post_id":"191437357620492_2236757757144623","_sma_instagram_post_id":"","_sma_x_attempts":1,"footnotes":""},"categories":[4],"tags":[22675,14670,26805],"class_list":["post-879695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-opinion","tag-food-security","tag-shoprite-group","tag-south-african-food-security-index"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/879695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/127"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=879695"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/879695\/revisions"}],"predecessor-version":[{"id":879735,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/879695\/revisions\/879735"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/862736"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=879695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=879695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=879695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}