Financial Mail

DINNER PARTY INTEL...

The topics you have to be able to discuss this week

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1. Shrinkflat­ion trend

Figures from the UK statistics office reveal that 2,529 products have shrunk in size over the past five years, but are being sold for the same price. Chocolate bars, toilet rolls, coffee and fruit juice are just some of the goods that have been subject to “shrinkflat­ion”. And in the chocolate category, the stats office says the inflation rate was actually 1.22 percentage points higher since 2012, once the smaller size is taken into account.

The sneaky practice is particular­ly pronounced in a weak consumer environmen­t, and unfortunat­ely SA has not been immune.

“We can now say with certainty that the economy is on the up . . . Slowly, slowly, what nobody believed could happen, will happen. We will extract the country from the crisis . . . and in the end that will be judged.” Alexis Tsipras, prime minister of Greece, to The Guardian

2. Dystopia beckons

A US company is about to install rice-sized microchips into the hands of its employees. Along with enabling the purchase of items at the cafeteria of Wisconsin-based Three Square Market, employees will use the chip to gain access to company headquarte­rs, log onto computers, use copy machines and even access medical informatio­n. Employees are not required to get the microchips, and the company say it does not enable GPS tracking. But that’s little consolatio­n in the face of the slow death of privacy rights of workers.

3. Presidenti­al no-show

Kenyan opposition presidenti­al candidate Raila Odinga this week set out his vision for Kenya alone after his rival, President Uhuru Kenyatta, failed to show up to a televised debate. Opinion polls show Raila has begun to close the gap with Kenyatta in the presidenti­al race.

Meanwhile, only one vice-presidenti­al candidate of Kenya’s six minority parties attended a separate debate. Surrounded by five empty podiums, Eliud Muthiora Kariara answered questions posed by two moderators and the audience for an hour.

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