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
-
Goldman Sachs sues Malaysia over push to redo 1MDB settlement
-
Chinese internet giant Tencent posts lowest annual profit since 2019
Economy Latest News
US trade gap widens in September as imports rise more than exports
The US trade deficit expanded in September on the back of a larger rise in imports than exports, according to government data released Tuesday. The US goods deficit with China, a point of focus during the trade war between both countries, grew to $24.1 billion in September, data showed.
Greens see red over giant Paris billboards
Does beauty lie in the eye of the consumer? "At some point, people have to be able to enjoy the beauty of their city without being assaulted by injunctions to consume more and more," said Meunier, who said he opposed "the principle of advertising altogether".
Global wine production hits lowest level since 1961
Global wine production has fallen this year to its lowest level since 1961 as vineyards were pummelled by extreme weather events, the International Organisation of Vine and Wine (OIV) said Tuesday.
Port workers join Tesla strike in Sweden
Workers at four Swedish ports blocked the loading and unloading of Tesla cars Tuesday in a growing strike movement over the US company's refusal to sign a collective wage agreement with mechanics.
Korean Air says 'strictly manages' radiation exposure after crew death ruling
Korean Air said Tuesday it "strictly manages" cosmic radiation exposure for its flight crew, after a landmark decision ruled an air steward's cancer death was akin to an industrial accident. The ruling is the first time that an official labour body in South Korea has recognised the correlation between cosmic radiation and cancer for flight attendants as an industrial death.
UBS posts first quarterly loss since 2017 on Credit Suisse costs
UBS posted a larger-than-expected loss in the third quarter on Tuesday, the first quarterly drop since 2017 as it integrates Credit Suisse after taking over its fallen Swiss banking rival. Credit Suisse posted a positive inflow of net new money for the first time since the first quarter of 2022 at $3 billion.
China owed more than $1 trillion in Belt and Road debt: report
China is owed more than a trillion dollars through its Belt and Road project, making it the biggest debt collector in the world, a report said this week, with an estimated 80 percent of the loans supporting countries in financial distress.
Asian markets take a breather after Fed rate pause rally
Asian markets turned negative Tuesday after their latest rally as high hopes the US Federal Reserve has finished hiking rates gave way to profit-taking. Still, markets are betting on a number of rate cuts next year totalling more than 100 basis points.
Polish truckers block Ukraine border points in protest
Several dozen owners of transport companies on Monday blocked three major Polish border crossings with Ukraine to protest what they say is unfair competition from the neighbouring country's businesses. "Their costs of servicing a truck, hiring a driver or merely of opening a business or paying social insurance are much lower," Marek Oklinski, a transport company owner, told AFP in Dorohusk.
Economy
Load more