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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

food inflation

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Business / Economics

09 January 2025 Morning Biz News: Namibian Stock Performance, South Africa’s Economic Challenges, and Global Financial Updates

  In the latest financial news, Letshego Holdings Namibia has emerged as the leader on the Namibian Stock Exchange for 2024, posting an impressive total return of 49.2%. This performance, based on the most recent figures, showcases Letshego’s strong position in the market. Nictus Holdings secured second place with a return of 30.4%, while Capricorn Group followed closely with a return of 24.7%. Meanwhile, in neighboring South Africa, the manufacturing […]

todayJanuary 9, 2025 10

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Business / Economics

DA Optimistic as S.A. Food Inflation Hits 14-Year Low

In S.A, the DA says it is optimistic after the latest Consumer Price Index statistics, which highlight a significant drop in food inflation to a 14-year low. Annual inflation for food and non-alcoholic beverages retreated sharply to 2.3-percent in November from 3.6-percent the previous month, the lowest rate for the category since December 2010, when it stood at 1.6-percent. The DA’s, Wendy Alexander, says they reiterate their call for the […]

todayDecember 13, 2024 24

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Africa

Ghana’s Consumer Inflation Climbs to 22.1% in October

  Ghana's consumer inflation rose for the second consecutive month in October, reaching 22.1% year-on-year, up from 21.5% in September, according to the country's statistics service. Reuters says, a government statistician shared that both food and non-food inflation had increased during the month. He highlighted that three sectors—food and non-alcoholic beverages, housing, water and fuel, and transport—accounted for about two-thirds of the overall inflation rate for October.

todayNovember 7, 2024 7

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Africa

Nigeria police fire tear gas on hardship protests

    By Laurie Churchman    Nigerian police fired tear gas on Thursday to break up several hundred protesters in the northern city of Kano and in the capital Abuja where demonstrators had joined in nationwide rallies against the high cost of living. Africa's most populous country is struggling with soaring inflation and a sharply devalued naira after President Bola Ahmed Tinubu ended a costly fuel subsidy and liberalised the […]

todayAugust 1, 2024 43

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