Kaya 959 Kaya Biz

Meat Prices Push Up Grocery Bills

Loading player...
Guest – Paul Makube, Senior Agricultural Economist, FNB Commercial

Meat chokes food inflation further to a 15-month high of 4.7% y/y in June 2025,

Meat was the biggest driver of food inflation after surging to a 25-month high of 6.6% y/y and monthly up by 2.2% m/m in June 2025.

The disease-induced supply constraints underpinned the upswing in meat prices in the past three months.
24 Jul 12PM English South Africa Business News · Investing

Other recent episodes

MTN Group reports a strong set of results as the telecoms giant recovers.

MTN has lifted its medium-term guidance after reporting a powerful set of results for the six months to June. The group’s EBITDA surged 60.6% to R46.65bn, headline earnings swung to 645c per share from a loss last year, and service revenue jumped 23.2% to R105.1bn. Ralph Mupita, MTN Group President…
18 Aug 4PM 17 min

Murray & Roberts shutting down after 120 years.

GUEST – Rob Rose – Editor at Currency It was an icon of construction whose name is plastered across South Africa’s landmarks, yet this week it announced its liquidation. So was it a victim of circumstance, or its own own-goals? It was a company that defined South African engineering excellence…
18 Aug 4PM 16 min

Thungela earnings slump, but shareholders still rewarded.

Thungela Resources has taken a heavy knock from weaker coal prices and rising costs, with net profit plunging 79% to R248m in the first half of the year. Revenue slid 12% to R14.8bn, while HEPS fell 80% and EBITDA dropped 68%. Yet, despite the tough market, Thungela is sticking to…
18 Aug 4PM 12 min

Absa Group profit jumps: Delivered 17% Headline Earnings Growth.

Absa has delivered a strong set of interim results, with headline earnings up 17% and profit climbing 14%, powered by cost cuts, lower impairments, and a revamp under its new CEO, Kenny Fihla. Revenue rose to R56.5 billion, impairments dropped 14%, and return on equity edged up to 14.8%. We…
18 Aug 4PM 11 min

How South Africa's Consumer Class Saves and Invests

In the midst of National Savings Month, we explore how South Africa's consumer class is navigating personal finance amid economic uncertainty. Our guest, Brandon de Kock, Director of Storytelling at BrandMapp, shares fresh insights from the BrandMapp 2024 dataset revealing that 80% of South Africans earning over R10,000 per month…
16 Jul 2PM 19 min
All episodes