Tag Archive for: Inflation
Mayor’s Private Sector Conference
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South African Rand Weakens as Dollar Firms Amid Economic Uncertainty
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South Africa’s rand fell on Monday (Oct 24), following other emerging market currencies, as the U.S. dollar held firm amid global economic uncertainty.
At 1538 GMT, the rand ZAR=D3 traded at 18.4275 against the dollar, 1.75% weaker…
Ethiopia’s fuel prices rise by 20%
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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
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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…