South African Rand Dips as Inflation Data Looms
The South African rand weakened on Tuesday, trading at 17.8625 against the dollar, down 0.95% from its previous close. The decline comes as markets await key inflation data and signals … Read More
Category: Inflation & Pricing
Price instability rocks Ethiopia as it reels from foreign exchange rate reforms
The prices on the menu have been erased at a small hotel in a suburb of Ethiopia’s capital, Addis Ababa. That was no mistake, the waiters said, as businesses in … Read More
Cost of Living Protests Erupt Across Nigeria
Partly inspired by protests in Kenya, Nigerian youth have taken to the streets to oppose economic policies they believe are worsening living conditions in the country. Just weeks after deadly … Read More
Kenya’s Inflation Falls in July as Food and Fuel Prices Stabilize
Inflation in Kenya has fallen to 4.3 per cent year-on-year in July from 4.6 per cent a month earlier, according to new data released by the Kenya National Bureau of … Read More
Kenya Witnesses Record High Fuel Prices
On Friday, September 15th, Kenya experienced an unprecedented surge in fuel prices as the energy regulator revised pump rates, exacerbating the economic challenges faced by millions. The Energy and Petroleum … Read More