Business Night-time shopping booms as Zimbabwe inflation soars Harare – After the sun sets in Harare, the streets of Zimbabwe’s capital suddenly burst to life. Carts, cars and... Read more 30 May
Business SA hikes interest rate, inflation forecast Johannesburg – The South African Reserve Bank (SARB) raised its main interest rate on Thursday to a 14-year high... Read more 26 May
Business Inflation slows to 11-month low Cape Town – Inflation in South Africa in April dropped to the lowest level in almost a year although... Read more 24 May
Business Soaring food prices push up inflation Johannesburg – Inflation in South Africa edged higher in March with food prices recording the highest year-on-year jump in... Read more 19 Apr
Business Reserve Bank hikes interest rates by 50 basis points Cape Town – The South African Reserve Bank has increased interest rates by 50 basis points, against market expectations.... Read more 30 Mar
Business Food price hikes hit 13.6% as consumer inflation goes up by 0.1% Cape Town – South Africa’s inflation rate increased for the first time in four months, reaching 7% in February... Read more 22 Mar
Business Inflation set to rise in 2023/24, says study, but there’s good news too Cape Town – Inflation is predicted to increase across the board in 2023/2024, according to a survey by the... Read more 17 Mar
Business Africa inflation to ease in 2023 after worst figures in a decade Abidjan – Despite slowing growth and the worst inflation figures in a decade in 2022, African economies remain “resilient”,... Read more 20 Jan
Business Egypt’s economic turmoil squeezes struggling middle class Cairo – “It’s like we were hit by an earthquake, suddenly you have to let go of everything,” said... Read more 17 Jan
Business Inflation bites into Sierra Leone’s all-important ‘cookeries’ Freetown – Jariatu Kargbo hauls a wooden spoon longer than her arm through a vat of rice as customers... Read more 16 Jan