In what could potentially be good news for Namibia too, John Hudson, national head of agriculture at Nedbank, says that the worst part of the food price crisis faced by South African consumers could be over. Fin24 quotes Hudson as saying that “food inflation might have peaked at about 10% in July and will moderate in the second half to an average of about 7% for the year”. He says South Africa’s food is also still secure despite the negative impact of factors like lingering supply chain problems as a hang over of the Covid-19 pandemic and, on top of that, the larger impact of the Ukraine war.
