Browsing Tag

inflation

Kenya’s Inflation Rate Drops to 3.6% in September

An employee clutches some bread loaves in a Nairobi supermarket, Kenya on May 8, 2017. © Baz Ratner/Reuters File Photo Hold onto your hats because Kenya's inflation (KECPI=ECI) dipped to 3.6% in September, compared with 4.4% in the prior month, as revealed by official statistics on Wednesday. According to the Kenya National Bureau of Statistics, month-on-month inflation showed a slight uptick of 0.2% from a stagnant 0.0% the previous month. Aiming for a sweet spot, Kenya eyes an inflation rate between 2.5% and 7.5% over…

Ghana is feeling the heat of rising inflation

Ethnic clashes have claimed at least 17 lives in Sudan's Darfur region. Observers blame. Arab militias for launching attacks to settle land and livestock disputes. The cost of living for Ghanaians is at its highest for almost 6 years. Rising prices for basic commodities such as water and oil are leaving families and businesses struggling. And the Congolese authorities are committed to repressing poor quality construction after a tragic accident in Kinshasa. Experts blame corruption and poor urban planning. .

difficult to celebrate Eid in full inflation

In Sudan, the price of daily products has risen by more than 400% in one year, according to government figures. The rate of inflation is deteriorating every month and the Sudanese are watching the series of austerity reforms introduced by the transitional authorities to get into the nails set by the International Monetary Fund (IMF).…

inflation and unemployment threaten the primary economic system

Unemployment reaches 33% of the working population, inflation 17%, the statistics for February 2021 reflect in all their severity the serious economic crisis that Nigerians are going through. Africa's largest economy - in terms of GDP - is facing several crises, food products are rising dangerously and extreme poverty is rising. Pandemic, agricultural crisis and oil rent decline, the picture is bleak…

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