Global inflation demon to get worse

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Soaring oil prices caused by Ukraine war expected to feed into food inflation.
Soaring oil prices caused by Ukraine war expected to feed into food inflation.
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BUSINESS

Inflation is wreaking devastating havoc on the lives of South Africans – and things are about to get a lot worse. This is the consensus among economists and experts as the ripple effects of Russia’s invasion of Ukraine are felt across the world.

Not only are things tough for the unemployed, whose job prospects are diminished by the depressed economy and whose battle to survive is worsened by the rising cost of living, but even those with jobs are struggling to make ends meet.

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Two years after André de Ruyter joined Eskom, South Africa is experiencing its worst bout of load shedding. Is he to blame?
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