Mail & Guardian
Mail & Guardian
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South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook
APRIL INFLATION SOUTH AFRICA

Consumers face double blow as inflation rises and rate fears return

South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not…

  • Hasina Kathrada
4 min read
A weaker dollar could lower South Africa’s import costs, especially oil, which affects everything from fuel prices to transport tariffs.
3 INFLATION ANCHOR

From groceries to bonds: How a 3% inflation target will affect you

The Reserve Bank’s plan to narrow the inflation target to 3% for stability, lower costs and growth should be positive for households and businesses

  • Nkosinathi Mtshali
5 min read