CCA Conducts Price Surveillance of Cooking Oil
The CCA conducted a price survey on 1st April and 2nd April 2021 in Gaborone chain stores and the focus was on cooking oil in response to a public outcry over increased prices.
The findings of the survey were that Pick n Pay is expensive as evidenced by Excella price of P52.65 whilst the same commodity at Choppies and Spar were priced at P44.94 and P39.95 respectively.
The house brands (Savemore & Sunflower - Spar); (Choppies - Choppies) were relatively cheaper with Savemore (Spar) being the cheapest at P31.95, Spar Sunflower oil and Choppies brand at P39.95 each and No name – Pick n Pay the most expensive at P62.70.
The CCA is doing a detailed survey to investigate why there is such an increase mainly on imported products. The investigation will further seek to establish other factors including whether enterprises are over-charging trying to maximise their profits during limited trading hours.
The CCA will continuously observe and monitor the market dynamics.