World Asian markets drop as traders temper rate cut bets Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far, forcing traders to take a step back. Markets surged last month as data pointing to slowing inflation and softer job markets combined with a dovish turn by Federal Reserve officials to stoke expectations they will next year begin loosening monetary policy. Those hopes […] todayDecember 5, 2023 2
insert_link Business / Economics South Africa’s consumer inflation increases to 5.9-percent in October South Africa’s annual consumer inflation increased for a third consecutive month in October, bordering on the upper limit of the South African Reserve Bank’s inflation target range. The headline rate was 5.9 percent, up from 5.4 percent in September. The consensus among economists before the inflation number was that the Reserve Bank will keep rates on hold when it announces its decision tomorrow. todayNovember 22, 2023 6
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
