Pick n Pay caps ginger profit in the interests of pragmatism
Retailer agrees to limit the profit margin of ginger and garlic after Competition Commission investigation into alleged price gouging
15 March 2021 - 19:17
Retailer Pick n Pay has agreed to cap the profit margin of ginger and garlic until the end of the month after a spike in the prices of those spices as people turned to home brewing ginger beer in response to the lengthy third alcohol ban.
The Competition Commission investigated seven retailers for excessive pricing of ginger and garlic in February after consumer complaints...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.