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Pierre van Heerden: Grocery Commissioner on the fines for unfair treatment of local suppliers

Pierre van Heerden: Grocery Commissioner on the fines for unfair treatment of local suppliers

Heather du Plessis-Allan Drive · Newstalk ZB

September 1, 20233m 18s

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Show Notes

The Grocery Commissioner says suppliers being treated better will help drive down prices at the supermarket.

Under new measures coming into force later this month, grocery stores could get slapped with a fine up to three million dollars for unfairly treating local suppliers.

Pierre van Heerden told Heather du Plessis Allan that it'll be good for consumers too, because a healthy supplier base means better range and products, which then encourages more competition. 

He says more competition between supermarkets and between suppliers will have a downward pressure on prices.

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Topics

pierre van heerdenGrocery Commissionergrocery pricesgroceriessupermarketssuppliers