Browsing Tag

prices

rising prices for basic food

In Madagascar, we are seeing an increase in the prices of basic necessities. During two weeks, in the markets of the capital, but also in the provinces, the kilo of different rice varieties, a commodity that forms the basis of the Malagasy diet, has increased from 200 to 400 ariary. Oil and sugar prices are also rising. An increase that worries Malagasy households, which have already been hit hard by the economic and social crisis caused by the Covid-19 pandemic. At the Analakely market in the center of the Malagasy…

companies reopen with rising prices

Activities have been severely disrupted since the election, especially in the markets, and prices are feeling the effects. With our special correspondent in Conakry, Charlotte idracSitting on a bench in the Taouyah market, Moussa is waiting for customers. This grocery store sells "a little of everything", he says, blisters,…

the government backs the rise in transport prices

Prices had risen by the end of the lockdown, as buses could only be half-filled to respect social distance. Despite a slight drop on October 14, they remained above prices before the coronavirus crisis. In Rwanda, the government on Wednesday night suspended a rise in transport prices that had sparked a wave of protests from the…

Nigeria’s financial system hit onerous by oil costs

Nigeria is formally in recession for the primary time in additional than a decade, ending three years of low however optimistic progress. The African nation's financial system is closely depending on oil exports, however the coronavirus pandemic has lower international demand and the value of oil has fallen. That is unhealthy information for a rustic whose price range plans had been depending on getting a sure value per capita. Barrel, a value that now means Nigeria is promoting crude oil at a loss. Our correspondent…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More