As retailers battle to stock shelves with hygiene products amid the spread of coronavirus in SA, face masks have been selling online for R2,000 — R1,925 more than a month ago.
Journalist and radio host Brent Lindeque recently accused popular online store Takealot and one of its suppliers, Umlozi, of using the Covid-19 outbreak to profit from anxious customers.
Lindeque said he bought a pack of 50 masks from a pharmacy for R75 in February. This month, he discovered the same product on Takealot for R2,000.
On the 6th of Feb I bought a pack of these exact masks
(50) at @Dischem for R75.
Today on @TAKEALOT the exact same product is R1925 more expensive than a month ago. And that’s with their fabulous 20% discount.
How did these masks go from R75 to R2500 in one month.
“I get supply and demand, but this is probably one of the most insane things I have ever seen. First rule of business: Don’t capitalise on tragedy,” he said.
Takealot told TimesLIVE it would not comment on the matter, but in a post on social media said suppliers determined pricing.
It agreed the hike was excessive and said it would engage with Umlozi.