April 14, 2025 /Mpelembe Media/ — Equifax’s 2024 Global Consumer Credit Trends Report offers a broad analysis of consumer credit conditions across ten countries, leveraging the Equifax Cloud™ for enhanced data insights. The report highlights trends in consumer credit demand, debt, delinquencies, and credit card usage, alongside inflation trends. Continue reading
Category Archives: Economy
PRICE HIKES VARY ACROSS 10 POPULAR CATEGORIES AS GROCERY INFLATION EASES IN Q1 2025
Grocery price inflation in the U.S. continued to cool in the first quarter of 2025, with a few tariff-related exceptions, according to data from Catalina’s robust, real-time Shopper Intelligence Platform. Catalina’s Shopping Basket Index (SBI), which tracks the aggregate average price changes of 10 common grocery product categories, reveals an overall inflation rate of 2% in Q1 2025 compared to the same period in 2024. Continue reading
Bayer Opens Zambia Maize Seed Facility for Food Security
March 21, 2025 /Mpelembe Network/ — Bayer inaugurated a new maize seed production facility in Zambia with a €32 million investment, aiming to significantly boost the supply of high-yielding seeds to Sub-Saharan African smallholder farmers. Continue reading
Mozambique: Second-Hand Clothing Industry and Economic Impact
March 19, 2025 /Mpelembe Media/ — A recent report highlights the critical economic and social role of the second-hand clothing (SHC) industry in Mozambique, a low-income nation. The study reveals the sector provides substantial employment, supports millions of livelihoods, generates significant tax revenue, and meets the basic clothing needs of the majority of the population. Continue reading
High soybean prices in Zambia and Malawi may make chicken costly too: lack of competition is to blame
Arthur Khomotso Mahuma, University of Johannesburg and Namhla Landani, University of Johannesburg
Poultry is one of the cheapest protein sources for the growing population of the east and southern Africa region. That makes soybeans critical to food security in the region, as they are an important input in chicken feed.
Zambia: Economic Dissatisfaction and Country Direction, 2025
March 18, 2025 /Mpelembe Network/ — A survey conducted in Zambia in July 2024 reveals widespread dissatisfaction among citizens regarding the nation’s economic condition and overall direction. Despite earlier economic growth, a majority of Zambians perceive the economy as “fairly bad” or “very bad,” a significant increase from previous surveys. Continue reading
Maimbo’s AfDB Candidacy Announcement
Jan. 31, 2025 /Mpelembe media/ — Samuel Maimbo, endorsed by SADC and COMESA, has launched his candidacy for President of the African Development Bank (AfDB). His platform prioritises rapid economic growth for Africa, focusing on key areas such as trade, financial resources, agricultural transformation, and infrastructure development. Continue reading
Envision’s Net-Zero Industrial Park: A Global Benchmark
Jan. 24, 2025 /Mpelembe Media/ — The World Economic Forum (WEF) highlights Envision Energy’s Ordos-Envision Net-Zero Industrial Park as a global benchmark for sustainable industrial development. This pioneering project, featured in a WEF white paper, showcases a comprehensive clean energy solution using wind, solar, and hydrogen power, achieving net-zero emissions. Continue reading
PwC 2025 Global CEO Survey: Optimism and Reinvention
Jan. 21, 2025 /Mpelembe Media/ — PwC’s 2025 Global CEO Survey reveals widespread optimism regarding global economic growth, with nearly 60% of CEOs anticipating increased growth and many planning headcount expansion. Despite this optimism, macroeconomic volatility and inflation remain significant concerns. Continue reading
Africa’s Unfinished Revolution
Jan. 6, 2025 /Mpelembe Media/ — Africa’s widening economic gap despite significant social change highlights low agricultural productivity, hindered by factors like low technology adoption and underutilisation of land. The article also discusses the limitations of African manufacturing, focusing on low-productivity sectors and a lack of global competitiveness. Continue reading