South Africa’s black middle class has a spending power of R400-billion per year, research study finds
The post Black middle class post-Covid: Largely unscathed, but still under pressure appeared first on The Mail & Guardian.
A wind farm hailed as Africa’s largest renewable energy project and the solution to Lesotho’s hefty electricity costs has ground to a halt
The post Gone with the wind: Lesotho’s $15-billion energy pipedream appeared first on The Mail & Guardian.
Two of the monetary policy committee's five members preferred an even more painful 100 basis point hike, as bank remains hawkish
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Consumer price inflation slowed to 7.6% year-on-year in August after hitting a 13-year high in July
The post Inflation eases, but is still above Reserve Bank’s upper limit appeared first on The Mail & Guardian.
Borrowers face another 75 basis point repo rate hike this week, as inflation looks to stay uncomfortably high
The post Reserve Bank will stay tough, even as inflation softens appeared first on The Mail & Guardian.