High food prices: Competition Commission releases fresh produce market report
The commission says an overhaul of the country’s fresh produce market is needed to address the inflated prices for fruits and vegetables.
Picture: © rido/ 123rf.com
JOHANNESBURG - The Competition Commission has finally released the final report into a probe on anti-competitiveness in the fresh produce market, following repeated concerns about inefficiencies in the sector.
The release of the report follows an inquiry launched in 2023.
On Monday, the commission handed over a dossier of its findings to Trade and Industry Minister Parks Tau in Pretoria.
The commission said an overhaul of the country’s fresh produce market is needed to address the inflated prices for fruits and vegetables, and the barriers of entry for small and emerging farmers.
READ: SAFTU hits out at some retailers as high food prices continue to threaten food security
Chairperson of the Fresh Produce Market Inquiry, Deputy Commissioner Hardin Ratshisusu said the investigation into the conduct of producers, market agents and retailers is expected to help shake up and transform the industry.
"This inquiry’s final report is more than a document – it provides rich insights into the domestic fresh produce market and more importantly, a path into economic inclusion. It reflects the need to address entrenched challenges and creating a market that works for all – from the smallest farmer, to the largest farmer, to the retailer and even the consumer," said Ratshisusu.