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 ...

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 ...

According to the ZIMSTAT, the downward trend in inflation in November and December, from a peak of 37.2 percent in October, reflects the prevailing stability of prices and the local currency, the ...

South Africa's headline consumer inflation rose to 3.0% year on year in December from 2.9% in November , data from the ...

Zimbabwe’s corporate sector is reeling under immense economic pressure, grappling with runaway inflation, currency ...

South Africa's annual inflation rate for 2024 dropped to 4.4 percent, the lowest level since 2020, the national statistics bureau announced Wednesday.

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 ...

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 ...

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 ...