New data from reveals that the average household food basket costs R5,479.26 a month, and feeding one child a nutritious diet costs nearly R1,000.
Economy
Most viewed
Popular
-
From 8 million to 12 million: Expert reveals the scale of South Africa's unemployment problem
-
"No DNA, just RSA": SA beats Kenya to become Africa’s most competitive economy in 2026 IMD rankings
-
JustMarkets Great Anniversary Contest is LIVE: $50K+ in Prizes & Gold Bars for Top Traders
-
My Beauty Expo 2026 Launches Pan-African Vision at Official Media Briefing in Sandton
-
How the Israel-Iran war is hitting South Africans in the pocket
Economy Latest News
Milei says could take two years to tame Argentina's inflation
President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy. "The empirical evidence for the Argentine case says that if you cut monetary emission today, it takes between 18 and 24 months to destroy (inflation)," he said.
Workers at Detroit's 'Big 3' ratify labor contract: union
Workers from Ford, General Motors and Stellantis ratified new contracts with hefty wage hikes, their union announced Monday, closing the books on an historic autoworkers strike at the three Detroit giants. General Motors also applauded the ratification.
Milei says could take two years to tame Argentina's high inflation
President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy. "The empirical evidence for the Argentine case says that if you cut monetary emission today, it takes between 18 and 24 months to destroy (inflation)," he said.
UK government prepares crunch budget with eyes on next election
Britain's Conservative government this week unveils a budget update that could determine its chances of re-election -- or the size of its defeat -- with promises to reinvigorate the economy as the party lags badly in the polls.
Messi's 2022 World Cup jerseys to go up for auction
A set of six jerseys that Lionel Messi wore during Argentina's victorious 2022 World Cup run will be auctioned in December, Sotheby's announced Monday, estimating their value at $10 million. If the jerseys indeed fetch above $10 million, that could make the sale the most valuable collection of sports memorabilia ever auctioned off, Sotheby's said.
Sam Altman: the 'super optimistic' star of AI
By recruiting former OpenAI CEO Sam Altman following his surprise ouster by ChatGPT's parent company, Microsoft is hiring a tech industry star at the forefront of the artificial intelligence revolution. Microsoft, which has financially backed OpenAI, announced on Monday that it was hiring Altman to lead a new advanced AI research team.
Milei's dilemma: how to solve a problem like Argentina?
Argentina's president-elect Javier Milei will have no time to bask in his Sunday victory as he inherits a country crippled by inflation and short on cash, creditors and international sympathy. He has promised "the end of Argentina's decline" and warned there is no time for "gradualism... or half-measures."
Asian markets mixed as traders eye Fed minutes
Asian stocks were mixed Monday following small gains on Wall Street as investors grow increasingly optimistic that the Federal Reserve has come to the end of its interest rate hiking cycle. All three main indexes on Wall Street ended slightly higher Friday, while observers said they expected this week to see light trading heading into the Thanksgiving holiday.
World's richest 1% emit as much carbon as bottom two-thirds: report
The richest one percent of the global population are responsible for the same amount of carbon emissions as the world's poorest two-thirds, or five billion people, according to an analysis published Sunday by the nonprofit Oxfam International. That is the same share as the bottom 66 percent of the global population by income, or 5.11 billion people.
Economy
Load more