SAFTU calls for interest rate cut as inflation hits three-year low
Cape Town – The South African Federation of Trade Unions SAFTU is urging the South African Reserve Bank (SARB) to... Read more
22 Aug
Inflation dips below 5% for first time in three years
Cape Town — South Africa’s inflation rate for July 2024 dipped below 5% for the first time in three... Read more
21 Aug
Food inflation drops to 45-month low of 4.6% in June – Stats SA
By Betha Madhomu Cape Town – Food and non-alcoholic beverages (NAB) inflation decreased to 4.6% in June, marking the lowest... Read more
24 Jul
Lower food costs eases SA inflation slightly
Johannesburg – Inflation in South Africa cooled for a second consecutive month in rare good news for the country’s... Read more
23 May
Inflation slows to 5.2% in April
Cape Town — The latest data StatsSA showed the Consumer Price Index (CPI) recorded an increase of 5.2% for... Read more
22 May
Little joy for Zimbabweans as new currency starts circulating
Harare — Zimbabwe’s new gold-backed currency started circulating on Tuesday amid government hopes it could help stabilise the economy... Read more
1 May
SA inflation slows ahead of elections
Johannesburg — Inflation in South Africa eased for the first time this year in March, dropping 0.3 percentage points... Read more
17 Apr
Zimbabwe’s new currency suffers chaotic start
Harare – Zimbabwe’s new gold-backed currency got off to a chaotic start with shops accepting only US dollars on... Read more
10 Apr
Kganyago sounds alarm on inflation risks linked to ongoing electricity woes
Cape Town – Reserve Bank Governor Lesetja Kganyago says that the electricity crisis and logistics challenges are still posing... Read more
26 Jan
SA inflation drops for second consecutive month
Johannesburg – The monthly inflation rate in South Africa eased again in December, dropping 0.4 percentage points to 5.1... Read more
24 Jan
