South Africa producer inflation at 0.7% y/y in December
South Africa's producer inflation was at 0.7% year on year in December from -0.1% in November, statistics agency data showed ...
South African statistics agency updates its inflation basket
South Africa's statistics agency has updated its consumer inflation basket for the first time since 2022, including items ...
Electricity price failure in South Africa
South Africa’s above-inflation electricity tariff hikes since 2008 have driven inflation and pushed interest rates higher, ...
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R2,268 per month electricity price blow for South Africans
Nersa has approved a 12.7% tariff increase for Eskom, meaning a massive increase in South Africans’ monthly bills over the ...
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Reserve Bank cuts interest rates in South Africa
The South African Reserve Bank has cut rates by 25 basis points in line with expectations, but there are fears over a ...
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January Rate Cut Likely As South Africa Inflation Slows
South Africa's inflation rose to 3% in December 2024 from 2.9% in November, falling short of the 3.2% expected by economists, according to Statistics South Africa. The slower-than-anticipated ...
Rose Wine, Vaping In as South Africa Revamps Inflation Basket
South Africa will add rose wine, snuff and e-cigarette refills to its inflation basket and remove frozen potato chips and ...
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Reserve Bank reduces repo rate by 25 basis points
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has reduced the repo rate by 25 basis points, with ...