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 ...

Consumer freedom is the ability of people to decide what they buy, how much they spend, and how they control their resources. It is related to purchasing power, which is the value of money in buying ...

Trump accuses Musk of profiting from subsidies, while Musk calls to cut all aid. Learn how this clash ties to U.S.

President Museveni on Saturday pledged to wipe out corruption as his major agenda, as he officially declared intention to run ...

Zimbabwe, which has asked neighbouring South Africa for help in getting its debt reworked under the Group of 20 Common Framework, is trying to revive an economy wracked by years of mismanagement ...

A Professor of Banking and Finance from the Michael Okpara University of Agriculture Umudike in Abia State, Professor Sebastian Uremadu, has called on President Bola Tinubu, to restore subsidy on ...

It was informative, well-structured, and made a compelling case around factors like land shortages, inflation, and the collapse of the mortgage market. I read it twice. Then I sat with it ...

Zimbabwe’s economic freedom score is 33.1, making its economy the 173rd freest in the 2022 Index. The country is ranked 46th among 47 countries in the sub-Saharan Africa region, and its overall ...

Hyperinflation means that the kwacha’s value continues to plummet, eroding the purchasing power of ordinary people. What K10,000 could buy last year may only be worth a fraction of that today.

Zimbabwe firms brace for hyperinflation accounting under ZiG The ZiG is the nation’s sixth attempt at a functioning local currency since 2009.

Hyperinflation leads to a panic in purchasing, which furthers the negative feedback loop of faster money flow and higher inflation rates. Devaluation has occurred globally in Germany, the United ...