President Donald Trump said yesterday that Ukraine and Russia reached an energy ceasefire. Ukrainian President Volodymyr Zelenskyy welcomed the alleged agreement but said he had not received any details. The announcement comes a day after Trump suggested Ukraine hold an election to oust Zelenskyy, attributing high diesel prices to his continued strikes on Russian oil…
In terms of affordability and cost-of-living standards, a Deutsche Bank report found significant price changes over the last decade, with globalisation failing to achieve price equalisation. This is due to various factors, including taxes, regulations, currency fluctuations, and inflation. Deutsche Bank Research Institute senior financial researchers and macroeconomists Adrian Cox and Jim Reid said that…
According to a report published earlier this year, Cape Town is one of the cheapest cities in the world for beer and cigarettes, with a basket costing around R230, including five 500 ml beers and two packs of cigarettes. This is according to the Deutsche Bank’s Mapping the World’s Prices report for 2026, which analyses…
