GMOs and precision farming bring food prices down.

Daily Maverick | 02.08.2026 06:07
There is a lot of talk about a “cost of living” crisis in South Africa as consumer inflation has accelerated to 5% in June from 3% in February, fuelled by surging oil prices in the wake of the US-Israel war on Iran. But there is a green shoot in this field of woe and it has blunted much of the sting for households: food inflation in June reached an almost 16-year low of 1.4%.