Absa: House prices are on the rise

Absa's house price index indicates that the average nominal price of houses was higher in all categories in February compared with a year ago.

Eskom gets price hike, inflation fears rise

Nersa on Wednesday granted Eskom a nominal 24,8% tariff increase for the 2010/11 financial year, raising concerns this would fuel inflation.

Gordhan: SA needs policies that ensure low inflation

SA must stick to counter-cyclical macroeconomic policies that maintain low and stable inflation to help ensure sustainable growth, Pravin Gordhan said

Early rays of sunshine

GDP and inflation data brought some good economic news this week, writes Lynley Donnelly.

Zim October inflation up on food prices

Zimbabwe's inflation quickened to 0,8% month-on-month in October from -0,5% in September, the Central Statistical Office said on Wednesday.

Ghana urged to avoid rate hike

Ghana's Central Bank is under pressure to help bring down inflation, but faced growing calls on Wednesday to avoid further rate hikes.

Metropolitan sees inflation threat

Metropolitan Holdings warned a further deterioration in food and transport inflation could curtail new business after on Wednesday.

Zimbabwe inflation quickens, crisis persists

Zimbabwe's inflation rose to 1% month-on-month in July from 0,6% in June, figures released by the Central Statistical Office showed on Wednesday.

Mboweni says SARB should ignore pressure

South Africa's central bank should pursue its objectives of maintaining price stability regardless of political pressure, Governor Tito Mboweni said.

Making too much of money

With interest rates going negative, only the rich can afford to stay in cash