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Economy

Economy

Six months into Iran War there is no end in sight to the conflict

Six Months After a Hypothetical U.S.–Israel Strike on Iran: A Scenario Analysis In early 2024 commentators began to speculate...
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Salaries in South Africa are rising, but inflation is wiping out gains

Economy
South Africa’s Real Wages Decline as Inflation Climbs According to the latest PayInc Net Salary Index, which tracks the net earnings of roughly 2.1 million formal...

Rate hike is all but certain as the consumer price index hits a two-year high

Economy
South Africa’s Inflation Climbs to Two‑Year High, Setting Stage for Another Rate Hike Consumer inflation in South Africa accelerated to 5 % year‑on‑year in June, the...

The Reserve Bank keeps the key interest rate at 7% despite rising inflation

Economy
South Africa’s Reserve Bank Holds Rates Steady Amid Mixed Inflation Signals The South African Reserve Bank (SARB) left its benchmark repurchase rate unchanged at 7 %...

According to the Ministry of Finance, the World Bank’s latest loan is in line with its low-cost borrowing strategy

Economy
South Africa Secures $1.5 Billion World Bank Loan to Boost Infrastructure and Jobs The South African Treasury announced on Tuesday that it has finalized a US$1.5 billion...

Trading conditions in South Africa improved somewhat in June

Economy
South African Trading Conditions Recover as Oil Prices Ease After US‑Iran Conflict Following a spike in hostilities between the United States and Iran in early...

Egypt’s intense heatwave strains workers and disrupts economy

Economy
Egypt’s Record‑Breaking Heatwave Strains Daily Life and Economy During the summer of 2024, a persistent heatwave pushed daytime temperatures across much of Egypt above 45 °C (113 °F),...
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