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

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Videos

IMF urges vigilance on monetary policy

https://youtu.be/UG1rZkT_FsQ The IMF is urging vigilance on monetary policy globally and says the job is not yet done when it comes to keeping inflation in check despite some weakening in key economies, a spokesperson for the Fund said Thursday (February 22) in Washington, DC. “Broadly speaking, because inflation has been coming down, but it's not yet at target or close enough to target our line, or our view remains the […]

todayFebruary 23, 2024 14

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South Africa

S.Africa inflation drops for second consecutive month

The monthly inflation rate in South Africa eased again in December, dropping 0.4 percentage points to 5.1 percent as food price hikes slowed, official data showed Wednesday. The average inflation rate for 2023 was 6.0 percent, 0.9 percentage points lower in 2022 and matching the upper limit of the central bank's official target range, national statistics agency StatsSA said. "Inflation was relatively hot in the first five months of 2023 […]

todayJanuary 24, 2024 20

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Business / Economics

ECB to signal no rush to cut interest rates

European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation. The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes to tame runaway prices, leaving the benchmark deposit rate at four percent. ECB president Christine Lagarde said last week rates had […]

todayJanuary 22, 2024 7

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