A report reveals R100 in 2000 is now worth R385 in 2026, with food prices soaring over 500%, driven by fuel costs and inflation impacting South African households.
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Consumer price inflation increases to 4%, the highest in 20 years
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Thailand orders close watch on cheap 'elephant pant' imports
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New trains, new tracks: US rail to get much-needed facelift
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South Africa set to scrap prime interest rate for new SARB system
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China's Xi in Hungary to celebrate 'new era' with Orban
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As Tunisia's economy falters, medical tourism flourishes
At a fertility clinic in Tunis, Bintou Yunoussa hopes doctors can finally help her conceive -- one of more than two million foreigners who travel to Tunisia annually for medical procedures. They included more than 500,000 foreign patients hospitalised in Tunisia and about two million others who had received same-day care, officials say.
Flutter eyes US listing switch in new post-Brexit blow
Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.
Asian markets swing as traders eye Fed, jobs and earnings
Asian equities struggled again Wednesday after a mixed performance on Wall Street, with traders keenly awaiting what the Federal Reserve has to say after its much-anticipated policy meeting later in the day.
US could jail foreign officials under new bribery law
Anticorruption activists around the world have high hopes for a new US law that for the first time allows Washington to prosecute foreign officials who receive bribes. "The statue may have real deterrence value by making clearer to foreign officials that they can be prosecuted for soliciting and accepting bribes," Stokes said.
US Fed rate decision could hold clues on timing of future cuts
The US Federal Reserve is almost certain to hold its key lending rate steady for a fourth consecutive meeting Wednesday, as inflation continues to inch closer towards its long-term target of two percent.
US judge voids Elon Musk's $56 billion Tesla compensation
A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid. The judge in Delaware Chancery Court ruled that the plaintiff, a Tesla shareholder named Richard Tornetta, was "entitled to rescission," approving the annulment of Musk's 2018 compensation agreement.
US snaps back sanctions on Venezuela, which denounces 'blackmail'
The United States warned Tuesday it was ready to snap back sanctions on Venezuela's vital oil industry unless opponents of President Nicolas Maduro are allowed to run against him, as the leftist government vowed to hit back through migration.
US consumer confidence hits highest level since Dec. 2021
US consumer confidence beat expectations in January to reach its highest level since December 2021, with the public more optimistic than at any point since the Federal Reserve began hiking interest rates. Consumer confidence jumped to 114.8 in January, marking the third straight month of gains, the Conference Board announced in a statement.
Misogyny and sexual assault rife in music industry: UK MPs
British MPs on Tuesday called on the music industry to clean up its act, as it laid bare a catalogue of misogyny, discrimination and sexual abuse in a damning report. "When it comes to discrimination, and the harassment and sexual abuse of women, it has a lot of work to do."
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