Zimbabwe’s inflation soars to 131.7%
Harare – Zimbabwe’s inflation rate jumped to 131.7% in May, the statistics office said on Wednesday, as fallout from the... Read more
25 May, 2022
Egypt inflation rises to 12.1% as foreign reserves dip
Cairo – Egypt’s annual inflation rate hit 12.1% in March, official figures showed on Sunday, as foreign reserves declined... Read more
10 Apr, 2022
Zimbabwe to get high bank note, won’t buy bread loaf
Harare – Zimbabwe will introduce a new 100-dollar note, its highest paper money denomination, according to a government notice, but... Read more
7 Apr, 2022
Morocco inflation surges, growth to flatline, central bank says
Rabat – Inflation in Morocco will surge to 4.7% this year while growth almost flatlines, the central bank said... Read more
23 Mar, 2022
Egyptian currency sheds 13% against greenback
Cairo – The value of the Egyptian pound shed 13% against the US dollar on Monday, registering 17.80 pounds... Read more
21 Mar, 2022
Far from Kyiv, Africa feels economic fallout from Ukraine crisis
Lagos – From airlines in Nigeria to shoppers in Malawi, Africans are feeling the impact of the Ukraine crisis... Read more
16 Mar, 2022
Sudanese rally against military rule and economic crisis
Khartoum – Sudanese security forces opened fire Monday as protesters in several cities across the northeast African nation marched against... Read more
15 Mar, 2022
Rising food prices shake North Africa as Ukraine war rages
Tunis – Households across North Africa are rushing to stock up on flour, semolina and other staples as food... Read more
14 Mar, 2022
Egypt inflation hits 10% as Ukraine war impacts
Cairo – Egypt’s inflation rate hit 10% in February, official figures showed Thursday, as the country heavily reliant on wheat... Read more
11 Mar, 2022
Stocks plunge, oil rockets, gold tops $2 000 on Ukraine fears
Hong Kong – Equity markets plunged on Monday, while oil prices soared to a near 14-year high and safe-haven gold... Read more
7 Mar, 2022
