Posts

Ethiopia's fuel prices rise by 20%

,
Fuel prices in Ethiopia rose by about 20% on Thursday (September 29), less than three months after a previous 30-40% hike, as part of the phasing out of government subsidies for petroleum products. Faced with soaring crude oil prices…

South Africa: Inflation slightly curbed by lower fuel prices

,
  South Africa's inflation rate, which hit a record high of 7.8 percent in July, edged down to 7.6 percent in August from a year earlier. This was fueled by a drop-in fuel prices, the country's statistics agency (StatsSA) said Wednesday. Against…