South Africa to Lower Petrol and Diesel Prices as Global Oil Costs Ease
South Africa’s Department of Mineral Resources and Energy has announced that domestic fuel prices will fall ...
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Tag: Inflation
Egypt Lowers Interest Rates as Inflation Moderates, Signalling Confidence in Economic Stability
The Central Bank of Egypt (CBE) has reduced its key interest rates by 100 basis points, ...
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Gold and Silver Reach Record Highs as Global Uncertainty and Policy Shifts Deepen
Gold and silver have surged to record levels as intensifying geopolitical tensions and expectations of further ...
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Zimbabwe Forecasts Inflation Drop as Gold-Backed Currency Stabilises
Zimbabwe’s annual inflation rate is projected to decrease significantly by the end of 2025, bolstered by ...
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Gold Prices Surpass $4,000 as Global Economic Uncertainty and Policy Shifts Deepen
Gold prices surged past the $4,000 mark per ounce for the first time in history on ...
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Kenya’s Central Bank Lowers Policy Rate as Inflation Remains Steady Within Target
The Central Bank of Kenya (CBK) has reduced its benchmark lending rate to 9.25%, down from ...
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Mutharika Reappoints Mwanamvekha as Malawi’s Finance Minister
Malawi’s President Peter Mutharika has reappointed seasoned economist Joseph Mwanamvekha as Minister of Finance, marking a ...
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South Africans Forced to Cut Back as Economic Strain Deepens
South Africans are confronting mounting financial pressure, with growing numbers being compelled to reduce household spending, ...
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Gold Surges to Record Highs as U.S. Government Shutdown Deepens Global Uncertainty
Gold prices surged to unprecedented levels on Wednesday as the United States entered its first government ...
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Mozambique’s Central Bank Moderates Policy Rate Cuts as Inflation Stays Contained
The Bank of Mozambique has reduced its benchmark policy rate, the MIMO rate, by 50 basis ...
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WHO WE ARE
The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.
