Inflation
Analysis and intelligence from The Ledger.
Economics
From Maize to the Fed: What Really Sets South African Interest Rates?
The Ledger traces South African inflation from farms to fuel, the rand, the Federal Reserve and the SARB's new 3% inflation target.
Economics
The 21-Mile System Risk
How Hormuz is transmitting shocks from fertiliser to semiconductors and quietly reshaping money.
Economics
The Diesel Crisis No One Is Pricing In
How a global diesel shock travels through African transport, food systems and household balance sheets.
Economics
The First Real Test of South Africa's 3% Regime
Imported inflation is testing South Africa's lower inflation target before it has fully taken hold.