US credit crunch widens to 117 banks

An official "watch list" of potentially troubled US banks has lengthened from 90 to 117 as the credit crunch wreaks havoc.

PPI figures 'much higher than expected'

The July producer price index (PPI) figure showed that inflationary pressures were still very much alive, Standard Chartered Bank said on Thursday.

Is this the silver lining?

Consumers will be shrinking from the pain of high interest rates for a year or so more.

July inflation seen accelerating on power prices

SA's targeted CPIX consumer inflation is expected to have raced to an all-time high in the year to July on the impact of power price increases.

Nigerian inflation accelerates in July

Nigerian consumer prices rose 14% in July compared with a year earlier on the back of rising food prices, data showed on Thursday.

Zim inflation soars to 11-million percent

Zimbabwe's annual inflation rate soared to 11,2-million percent in June, state media reported on Tuesday.

Cosatu: 'Small victory', but rates must go down

If SA's slide into recession is to be reversed, interest rates must not just remain unchanged but come down, says Cosatu.

Reserve Bank leaves rates unchanged

The South African Reserve Bank has left interest rates unchanged at the end of a two-day policy meeting on Thursday.

Inflation marches onward

Figures released this week will give the monetary policy committee a lot to talk about, writes Maya Fisher-French.

Inflation: What happened?

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