In both these, two major food categories both saw sharp increases in their prices, presumably because of a combination of steadily increasing demand and a sharp fall in supply, usually because of an inadequate monsoon.
The levels of development, sophistication and depth of our financial markets have allowed South Africa to weather the turbulence of the past year reasonably well. However, we have to acknowledge that there are still some risks in the system, even if they are difficult to quantify.