Statistics South Africa confirmed the increases in prices of food amid Russia's invasion of Ukraine, which controls over a quarter of world wheat exports.
Economy
Most viewed
Popular
-
Asian markets mixed as key US inflation data looms
-
Amazon SA is finally here, Mzansi is excited to try it out
-
StatsSA reveals that Consumer Price inflation increases as food prices increase
-
Birkenstock to target $8.6 bn IPO valuation: reports
-
Between the office and nature for Prada's winter menswear
Economy Latest News
Krispy Kreme doughnuts, the latest US chain to try its luck in France
US doughnut chain Krispy Kreme has opened its first shop in Paris, hoping to follow in the footsteps of other American fast-food franchises have won over the French in recent years. Krispy Kreme can count on some devoted followers such as David Mitrani, a 33-year-old accountant who discovered the brand abroad and was at the Paris store opening.
Stock markets mostly rise before US jobs
Stock markets mostly gained and the dollar firmed Friday before the release of key US jobs data, but Tokyo was knocked by the yen's recent rally. Tokyo dropped more than one percent, however, as the yen continued to rise against the dollar, hurting exporters.
Spain's Calvino beats Vestager to head bloc's lender
Spain's economy minister Nadia Calvino on Friday won the race to lead the European Investment Bank, the bloc's lending arm whose significance has grown since war broke out in Ukraine.
Spain finance chief Calvino to head EU's lending arm
Spain's Economy Minister Nadia Calvino, the newly-named European Investment Bank (EIB) chief, is a politician who is well-versed in EU lore and a pragmatist with experience of navigating power struggles. Her political career began in 2018 when Sanchez, who was recently sworn in as premier, named her his economy minister as well as one of his deputy prime ministers.
Fashion world descends on UK's Manchester in Chanel show
Scintillating colours and celebrities lit up a gloomy Manchester on Thursday as the British city famous for its past textile industry flaunted the latest fashion in a prestigious Chanel show. Having a Chanel show here is amazing for the city," added Emma Kara, who lives in the region. ctx/imm/md
US, Mexico to boost cooperation on foreign investment screening
The United States and Mexico plan to form a working group on foreign investment screening to guard against national security threats, officials said Thursday, as Washington pushes to shift supply chains toward trusted partners.
'We need information' plead Peru farmers battling drought, climate change
A light rain barely moistens the soil in the drought-stricken region of Junin in central Peru. With about 1.2 million inhabitants -- about one in five of whom live in poverty -- the Junin region is one of Peru's main producers of non-genetically modified potatoes.
US, Mexico to boost cooperation in foreign investment screening
The United States and Mexico plan to form a working group on foreign investment screening, aimed at guarding against national security threats, US Treasury Secretary Janet Yellen said Thursday. "Both countries benefit when they work together to guard against foreign investments that pose national security risks," Yellen said in a statement.
EU states make last-ditch effort to back spending rules reform
EU finance ministers will try to hammer out an agreement over dinner on Thursday to reform bloc-wide spending rules after months of bitter divisions, especially between France and Germany. France and Germany, the EU's two economic powerhouses have been at loggerheads over the reform in the past few months.
Economy
Load more