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

High Cost of Living

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Africa

Nigerian authorities warn against violent protests

Nigeria is bracing for nationwide protests over the high cost of living, with authorities cautioning against violent demonstrations similar to those in Kenya that led to a government reversal on new taxes. The AFP news agency reports that while facing severe inflation and a devalued naira after President Bola  Tinubu's economic reforms, the #EndbadGovernanceinNigeria movement has gained traction online. As inflation skyrockets, many poor Nigerians have had to skip meals […]

todayAugust 1, 2024 12

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Business / Economics

49% of Namibian consumers struggle with high cost of living

Namibian households are struggling financially amid high living costs, according to the latest findings from the Consumer Pulse Study conducted by TransUnion. The study reveals a significant increase in financial strain, with 49% of consumers now anticipating difficulty in fully paying their current bills and loans, up from 45% in Q3 2023. Lara Enslin, CEO of TransUnion Namibia, stressed that these findings reveal a proactive approach by consumers to manage […]

todayJuly 4, 2024 37

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