Zimbabwean Government Revives Currency Debate

President Emmerson Mnangagwa's remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the multi-currency regime enacted in 2009, effectively re-ignited the emotive issue. This ...

Joburg Post·over 4 years ago

People have Skewed Views on Inflation. Why This Matters

Countries that use an inflation target to anchor monetary policy pay considerable attention to expectations of future inflation.South Africa is a case in point. The country has an inflation target of 3% to 6% per annum, with a particular...

Joburg Post·over 4 years ago

Inflation is proving particularly stubborn – but jitters over banking failures, softening economy complicate Fed rate decision

The Federal Reserve is facing a rather sticky problem. Despite its best efforts over the past year, inflation is stubbornly refusing to head south with any urgency to a target of 2%.

Christopher Decker Professor of Economics, University of Nebraska Omaha·7 months ago

South Africa’s consumer food price inflation to moderate in second half of 2021.

Although July 2021 consumer food price inflation of 7% y/y is unchanged from the previous month, there are clear signs in the underlying details that pressures are beginning to moderate. We are seeing a similar trend in the global market...

WANDILE SIHLOBO·about 2 years ago

South African riots and food security: why there’s an urgent need to restore stability

When South Africa’s president, Cyril Ramaphosa, addressed the nation on July 12 amid violence and destruction of property in parts of KwaZulu-Natal and Gauteng provinces, he warned of several risks if the situation was not resolved swift...

Wandile Sihlobo·about 2 years ago

Lots of IMF programmes are never completed – because they’re unworkable

The International Monetary Fund (IMF) gives loans to countries in economic trouble. In exchange, countries must implement a programme of painful policy reforms. Countries rarely complete these programmes. We set out to uncover why. ...

Bernhard Reinsberg & Thomas Stubbs·about 2 years ago

The US dollar is getting stronger: African countries are feeling the pain and have few policy options

A stronger dollar tightens trade financing conditions, constraining access to financing for firms. This offsets any improvement in export competitiveness, further dampening foreign trade

Jonathan Munemo -Professor of Economics, Salisbury University·10 months ago

Relief as inflation falls below 6%

Stats SA has published the latest inflation figures for South Africa, showing that the inflation rate cooled from 6.3% in May to 5.4% in June 2023.

Neo Poho·3 months ago