It's official: Hyperinflation has returned to Zimbabwe

2019-10-12 13:40

Zimbabwe is now a hyperinflation economy, according to the Public Accountants and Auditors Board, which is mandated to regulate auditing and accounting standards in the southern African country.

Fruit, cheese, and especially maize meal are all a lot more expensive – but at least offal and giblets are cheaper than last year

2019-09-20 13:45

A monthly consumer food basket tracked by the National Agricultural Marketing Council shows average year-on-year inflation of 4.1% – but the prices of some types of food rocketed far beyond that.

UK inflation rate falls to lowest since 2016 on clothes

2019-09-18 11:35

UK inflation has fallen to its lowest rate since the end of 2016, driven down by the price of computer games and clothing.

July consumer price inflation drops to 4%

2019-08-21 10:07

This is slightly lower than the projections of analysts, and within the target range of between 3% and 6% set by the SA Reserve Bank.

ANALYSIS: Zimbabwe at 'tipping point' with 'wheels coming off'

2019-08-04 12:37

Zimbabwe’s finance minister responded to the country’s worsening economic crisis last week by blacking out inflation statistics for the next six months, boosting the price of the little power that’s available five-fold and admitting what the International Monetary Fund told him in April: the economy will contact for the first time since 2008.

Producer electricity costs climb 30% in June as winter tariffs kick in

2019-07-27 08:39

The average cost of electricity for producers jumped by more than 30% in June as winter tariffs set in, an annual occurrence, according to Stats SA.

June consumer price inflation unchanged at 4.5%

2019-07-24 10:33

This is mid-point within the target range of between 3% and 6% set by the SA Reserve Bank and in line with the expectations of economists.

SA producer prices up 6.4% for May

2019-06-27 11:42

The main contributor to the rise was an increase in the prices of fuel, coal and petroleum prices.

WATCH: Inflation below 1 million percent but Venezuela crisis drags on

2019-06-12 08:12

Venezuela's annual inflation dropped below 1 million percent in May for the first time since 2018, according to the opposition-run congress.

High risk of SA economy hitting recession in 2019, says Moody's

2019-06-06 12:40

The odds that the South African economy could experience a technical recession in 2019 are high, according to ratings agency Moody's.


Zimbabwe quadruples electricity prices amid daily blackouts

2019-10-09 20:38

The country is experiencing its worst economic crisis in a decade, recalling days of hyperinflation under Robert Mugabe.

Interest rates left unchanged despite the Reserve Bank's gloomier growth forecasts for 2020

2019-09-19 15:11

Kganyago noted that economic activity remains weak.

Reserve Bank will likely hold off on rate cut, despite easing inflation - economists

2019-08-21 16:57

Inflation for July eased to 4%. However, the SA Reserve Bank is likely to maintain a cautious stance before deciding to implement a rate cut, given the risk of a rating downgrade which still looms large.

Much ado about new Zim dollar notes

2019-08-20 20:05

A top business body, the Zimbabwe National Chamber of Commerce, said on Tuesday industry was ready for the new bank notes Finance Minister Mthuli Ncube says will be introduced soon - although a top economist argues that the struggling southern African country is not yet ready for a substantive currency of its own.

Zimbabwe's y/y inflation won't be published till February

2019-08-01 19:50

Zimbabwe will defer publication of year-on-year inflation until February next year due to the change in the currency regime, Finance Minister Mthuli Ncube told Parliament on Thursday.

Producer price inflation slows slightly to 5.8% for June

2019-07-25 12:46

PPI is a weighted index of prices that businesses charge at the wholesale or producer level for final manufactured goods.

Hyperinflation trauma: Zimbabweans' uneasy new dollar

2019-07-06 09:00

People in Zimbabwe are worried about what could happen if their livelihoods are tied to the country's new currency.

SA's May inflation rate hits target-range midpoint

2019-06-19 11:08

South Africa’s annual inflation quickened in May, with the rate reaching the midpoint of the central bank’s target range as higher food and beverage prices contributed to the increase.

SA's shrinking economy credit negative for govt, banks- Moody's

2019-06-10 10:30

Last week Stats SA announced the economy shrank by 3.2% in the first three months of the year, the biggest drop a decade.

South African homes keep losing value – and will keep getting cheaper in real terms for at least a couple of months

2019-06-05 15:59

Residential property prices declined by 1.2% in real terms the past year.

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