Africa’s wealthiest nations have not been immune to inflation's bite. Countries like South Africa, Egypt, Nigeria and Kenya—the continent’s largest economies—continue to wrestle with rising costs of ...
People queue to withdraw money from a bank in Harare, Zimbabwe’s capital, March 8, 2017. REUTERS/Philimon Bulawayo/File Photo HARARE, Jan 28 (Reuters) – Zimbabwe’s inflation rate rose ...
Stats SA has updated its consumer inflation basket for the first time since 2022, including items like rosé wine, air fryers and streaming services to reflect changes in spending habits. Patrick Kelly ...
South Africa's headline consumer inflation rose to 3.0% year on year in December from 2.9% in November , data from the ...
South Africa's annual inflation rate for 2024 dropped to 4.4 percent, the lowest level since 2020, the national statistics bureau announced Wednesday.
Zimbabwe’s corporate sector is reeling under immense economic pressure, grappling with runaway inflation, currency ...
Zimbabwean companies are grappling with severe economic ... Zimbabwe is already battling a high unemployment rate that has driven droves of locals to seek greener pastures in South Africa and ...
The biggest contributors to inflation in December were housing costs and miscellaneous goods and services, which ticked up 4.4% and 6.6% respectively. Read: South Africa’s economy set to escape ...
The United States’ withdrawal from the WHO will likely result in limited funding flows for healthcare programs under the UN ...
South Africa ... September as inflation remained near the lower end of its 3%-6% target range. The rand gained nearly 3% against the dollar last week, supported by optimism over economic growth ...
South Africa, Africa's most industrialised country, is the continent's leading economy, according to the International Monetary Fund. Its 2024 inflation rate is within the central bank's target of ...