AN INVESTIGATION into the country’s R53 billion fresh produce sector has revealed several reasons why consumers have been forced to tighten their belts amid spiralling food prices.
This week, the Competition Commission released its provisional findings of the Fresh Produce Market Inquiry, following 14 months of gathering evidence, as well as public and in-camera hearings.
They found that high mark-ups, barriers to market entry for small and medium enterprises, inefficiencies in