All stick and no carrot in shisa nyama: Carrot price surge drives up cost of chakalaka | Business

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The cost of 5 kilograms of carrots jumped 23% month-on-month in March, the largest increase of any single ingredient in Bloomberg’s Shisa Nyama Index. | News24_Business

, a spicy relish that includes carrots and complements the meat and starch in a so-called shisa nyama. The surging price of the root vegetable means consumers may have to pare back consumption of the condiment.

There may be more pain in store for consumers: the central bank warned on Thursday that price-growth this year is likely to be faster than it previously expected — it expects food costs to increase almost 10% on average this year. Central bank Governor Lesetja Kganyago cited the impact of inflation on vulnerable, low-income earners as one justification for a bigger-than-expected rate increase on Thursday.

 

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