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 ...
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 ...
Sona offered a sense of hope but harsh reality is consumers are suffering now
CEO of Debt Rescue, Neil Roets, told Business Report that while the commitments made offer a sense of hope, the harsh reality ...
Surge in debt counselling demand highlights consumer financial struggles
"The increasing use of online debt-management tools indicated consumers are being more proactive about debt before it gets ...
Zawya12d
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 like rosé wine, air fryers and streaming services to reflect changes in ...
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Yet another above-inflation increase on electricity tariff – with the likelihood of more to come
Mr Jacques Moolman, President of the Cape Chamber of Commerce and Industry. The 12.74% tariff increase, while substantially less than Eskom’s requested 36.15%, is cold comfort for households and ...
Moneyweb12d
Rate chokehold on African economies is set to loosen slowly
Here’s why African monetary policy committees will diverge: Unlike Nigeria and Zambia, South Africa and Kenya’s real rates are among the highest in the world and inflation is forecast to ...