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 ...

With inflation inching up to 3% last December, financiers are anticipating a 25-basis point interest rate cut this Thursday.

JOHANNESBURG (Reuters) -South Africa's inflation rate rose less than expected in November, staying just below the central bank's target range thanks to food inflation slowing to its lowest level ...

In South Africa ... cut its key interest rate by another 25 basis points to 7.50% on January 30th, 2025, as anticipated, marking the third successive reduction. While inflation remained well ...

South Africa's central bank trimmed its main lending rate as expected on Thursday, its third cut in a row, but it placed ...

European countries are also set to impose ... rand and a higher oil price does not bode well for South Africa’s inflation and interest rate trajectory. The fuel price looks set to increase ...

South Africa's economic policy has focused on controlling inflation while empowering a broader economic base; however, the country faces structural constraints that also limit economic growth ...

JOHANNESBURG, Jan 15 (Reuters) – South African ... to still elevated inflation, strengthening the case for the Federal Reserve’s cautious stance on interest rates. “Volatility is expected ...

Global central bankers are poised to cut borrowing costs further in 2025, but only warily — and with a keen eye on the policies of incoming US President Donald Trump. While almost all major ...