South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook

South Africa’s economy faces renewed pressure after the IIF downgraded growth forecasts, warning that rising oil prices and Middle East tensions could push inflation higher and…

SA is a net importer of oil and is particularly vulnerable to global market turmoil