Tag: cost of living

ECONOMY
Wages no longer at pace with rising cost of living

Wages no longer at pace with rising cost of living

Effects of both the rising cost of living and unemployment have seen families do without some basic necessities or make shifts in spending as costs outstripped incomes for majority who derive a living from work in the informal sector.

ECONOMY
Consumers forced to tighten their belts as inflation bites

Consumers forced to tighten their belts as inflation bites

The consumer rights lobby group is of the view that it is high time for government to consider the widening mismatch between current market prices and people’s purchasing power as costs seem to be way beyond levels of income for most families and individuals in the formal and informal work sectors.

OPINION
BACK TO SCHOOL: Parents, inflation and the fees dilemma

BACK TO SCHOOL: Parents, inflation and the fees dilemma

Schools’ reopening for the third term Monday is expected to induce a further rise in costs of essentials as most rush to the market to fill their stock.

CURRENT AFFAIRS
Rwanda inflation rises to 7.5pc on high energy, food bills

Rwanda inflation rises to 7.5pc on high energy, food bills

The gauge of routine changes in the cost of living nationally shows the index increased to 7.5 per cent last month from 5.8 per cent in February after prices of food and non-alcoholic beverages increased by 10.2 per cent on annual basis and 5.1 per cent on monthly change.