Soaring food prices push up inflation
Johannesburg – Inflation in South Africa edged higher in March with food prices recording the highest year-on-year jump in... Read more
19 Apr, 2023
Reserve Bank hikes interest rates by 50 basis points
Cape Town – The South African Reserve Bank has increased interest rates by 50 basis points, against market expectations.... Read more
30 Mar, 2023
Food price hikes hit 13.6% as consumer inflation goes up by 0.1%
Cape Town – South Africa’s inflation rate increased for the first time in four months, reaching 7% in February... Read more
22 Mar, 2023
Inflation set to rise in 2023/24, says study, but there’s good news too
Cape Town – Inflation is predicted to increase across the board in 2023/2024, according to a survey by the... Read more
17 Mar, 2023
Africa inflation to ease in 2023 after worst figures in a decade
Abidjan – Despite slowing growth and the worst inflation figures in a decade in 2022, African economies remain “resilient”,... Read more
20 Jan, 2023
Egypt’s economic turmoil squeezes struggling middle class
Cairo – “It’s like we were hit by an earthquake, suddenly you have to let go of everything,” said... Read more
17 Jan, 2023
Inflation bites into Sierra Leone’s all-important ‘cookeries’
Freetown – Jariatu Kargbo hauls a wooden spoon longer than her arm through a vat of rice as customers... Read more
16 Jan, 2023
Egyptians hit by soaring food prices as crisis bites
Cairo – Public anger has been growing for months in Egypt over a severe dollar crunch and soaring food... Read more
4 Jan, 2023
Ghosts of insecurity, inflation haunt Nigeria Christmas present
Lagos – This year will be the fourth year running that Seyi Anne Moses has had to decide against... Read more
21 Dec, 2022
‘Everything increasing except wages’: inflation batters Ethiopia
Addis Ababa – “Everything is increasing except our wages,” Ethiopian porter Zerihun told AFP, summing up the financial crisis... Read more
11 Dec, 2022
