Township bakeries face ruin as wheat prices soar

Township bakeries face ruin as wheat prices soar

Township bakeries across South Africa are buckling under intense financial pressure as the cost of wheat and flour surges, threatening jobs, small businesses, and food security in low-income communities. Global wheat prices have climbed sharply over the past two months, driven by disrupted shipping routes in the Red Sea and extreme weather events that have devastated harvests in major wheat-producing nations like Russia and Ukraine. According to…