Hyperinflation is a menace that has left many countries economically devastated. The most recent examples include Argentina and Venezuela. In Africa, Zimbabwe has been hit most by inflation.

What do the U.S. dollar, South African rand, the British pound, Indian rupee, ... which it abandoned after hyperinflation of more than 5,000 percent made it essentially worthless.

Twenty-three of the continent’s currencies, including the naira, Egyptian pound and Congolese franc, have hit historic lows against the US dollar, raising fears of loss of control over consumer prices ...

Hyperinflation is changing prices so quickly in Zimbabwe that what you see displayed on a supermarket shelf might change by the time you reach the checkout. “It is a nightmare,” Macheku said ...

Analysis - Nigeria stands paralyzed by a trifecta of crises: hyperinflation at 34 per cent devouring wages, youth unemployment exceeding 33 per cent, and bandits transforming highways into mass graves ...

STORY: Here's whats making the business headlines in sub -Saharan Africa this week.1. Zimbabwean businesses and households are fearing a repeat of the hyperinflation seen more than a decade ago ...

On the first trading day of July 2025, the naira strengthened slightly against the dollar on both the Nigerian Foreign Exchange Market (NFEM) and the parallel marketLast week saw improved foreign ...

HARARE, Zimbabwe . Hyperinflation in the landlocked southern African country of Zimbabwe is making pensions all but worthless and hitting the country’s retired seniors hard.

South African supermarket chain Shoprite Holdings missed half-year earnings forecasts on Tuesday, hit by hyperinflation accounting in Angola. JOHANNESBURG, Feb 25 (Reuters) - South African ...

Here's David Doyle with five business stories from sub-Saharan Africa this week. Skip to main content. Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv.

JOHANNESBURG, Feb 25 (Reuters) - South African supermarket chain Shoprite Holdings missed half-year earnings forecasts on Tuesday, hit by hyperinflation accounting in Angola. Shoprite, which owns ...