November 15, 2023/NBS All Items Index In October 2023, the headline inflation rate increased to 27.33% relative to the September 2023 headline inflation rate which was 26.72%. Looking at the movement, the October 2023 headline inflation rate showed an increase of 0.61% points when compared to the September 2023 headline […]
Updates
IFC, Rand Merchant Bank Partner Liquid Intelligent Technologies to Accelerate Digital Transformation in South Africa
The total investment of R900 million will support universal and affordable broadband access in the Eastern Cape Fibre Project November 15, 2023/Liquid Intelligent Technologies Liquid Intelligent Technologies, a business of Cassava Technologies, a pan-African technology group, will receive R450 million in funding from the International Finance Corporation (IFC) and Rand […]
Inflation Report – October 2023
November 15, 2023/Coronation Research The NBS has released its October inflation report to show – Headline rate 27.33% y/y (26.72% September); Core rate 22.58% y/y (21.84%); and Food rate 31.54% y/y (30.64%). October headline inflation increased by +61bps (when compared with the previous month) to 27.33% y/y. On a month-on-month basis, headline inflation […]
