Category: Economy
-
What it costs Gauteng residents to get around
The amount spent by people living in the province varies widely, with respondents reporting spending anything between zero and R9,500 a month. The median spend is R500.
-
South Africa’s pay divide: Who earns what and why it matters
Stats SA’s latest report on monthly earnings reveals striking disparities in South Africa, from a persistent gender pay gap to regional and educational influences on income. Women earn 20% less than men, and median earnings barely cover basic living costs.
-
-
African remittances surpass $90bn a year
Remittances, or the money workers send back to their families in their home country, are now a major part of the economies of many African (and non-African) countries. So much so that countries like Kenya are seeing more money entering the country from remittances than from some of its more traditional exports like tea and…
-
Food prices edge higher despite overall inflation cooling to 4.4%
Inflation for food and beverages edged higher in August, breaking an eight-month downtrend, according to data released by Statistics SA on Wednesday. Consumer inflation slowed overall to 4.4%. This is the lowest it has been since April 2021. Annual food and non-alcoholic beverages inflation accelerated to 4.7% in August, up from 4.5% in July. The…