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
-
New EU spending rules bring back debt discipline focus
Economy Latest News
The long-term economic risks of America's budget dysfunction
The use of stop-gap funding measures to keep the US government open amid frequent political squabbles over how to tackle rising national debt carries long-term risks for the world's largest economy.
Workers at GM ratify contract in win for US auto union
Workers at General Motors have voted to ratify a new labor contract with sweeping pay increases, according to figures published Thursday, a landmark step after a major auto industry strike this year.
Asia trade talk stumble is another setback for US: analysts
The United States stumbled again in trade negotiations with Asia-Pacific partners this week, a setback that analysts say could weigh on America's standing as a partner in the face of China's growing influence.
Big Starbucks promotion roiled by union walkout of 'thousands'
Worker activists at Starbucks called for a strike at unionized coffee shops in the United States on Thursday as the labor group seeks to pressure the coffee giant on stalled contract talks. About 360 Starbucks locations with more than 9,000 employees have voted to unionize in the United States, where the company has more than 10,000 company-owned stores.
Biden hosts APEC summit after signaling calmer US-China ties
Promoting trade, protecting supply chains and fighting the climate crisis will feature at the APEC summit of Pacific rim powers opening Thursday in San Francisco after President Joe Biden and his Chinese counterpart Xi Jinping helped settle regional nerves by agreeing to dial down tensions.
US Fed governor says a 'soft landing' is possible
The US Federal Reserve may be on track to bring down inflation while avoiding a damaging recession, a senior policymaker said Thursday. "I continue to expect that we will need to increase the federal funds rate further to bring inflation down to our two percent target in a timely way," Bowman told a conference in Ohio earlier this month.
US auto worker strike hits October industrial production
US industrial production declined more than expected in October, with the auto workers strike exerting downward pressure on a range of market groups, the Federal Reserve said Thursday. Among the major market groups, output was mixed, with the impact of strike action "exerting downward pressure on a number of categories," including the index for consumer durables, which fell 5.8 percent.
Walmart narrowly lifts forecast as inflation stays consumer concern
Walmart narrowly lifted its full-year forecast on Thursday following solid quarterly results as it continued to navigate a market challenged by elevated pricing that has depressed demand for some goods. Results during the quarter were also dented somewhat by elevated spending on store remodels.
Spectre of war paralyses Lebanon's hospitality sector
Bartender Richard Alam has poured hardly any drinks at his pub in Lebanon's seaside city of Byblos, where once-busy streets have emptied of customers scared by border tensions during the Israel-Hamas war. Since then, Lebanon's southern border has seen deadly escalating skirmishes, mainly between Israel and Hamas ally Hezbollah.
Economy
Load more