The price of several basic products from Namib Mills are set to increase today with maize flour up 3 percent, Top Score instant porridge up 3.5 percent, pasta up 5 percent, wheat flour up 6 percent, bread up 3.5 percent and rice up 4 percent. Here is the company’s CEO Ian Collard explaining why.

Consumers can breath a slight sigh of relief though as the planned 20% increase in the price of sugar was cancelled earlier this month.