Rising food prices coupled with higher personal income taxes are likely to dampen consumer spending with a moderation in spending expected in 2026 in South Africa. That's according to the latest FNB/BER Consumer Confidence Index which showed consumers were less pessimistic about future prospects. Much of this positivity hinges on the direction of the global economy. Dimakatso Leshoro filed this report.

Rising food prices coupled with higher personal income taxes are likely to dampen consumer spending with a moderation in spending expected in 2026 in South Africa. That's according to the latest FNB/BER Consumer Confidence Index which showed consumers were less pessimistic about future prospects. Much of this positivity hinges on the direction of the global economy. Dimakatso Leshoro filed this report.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

Rising Food Prices and Income Taxes Set to Curb Consumer Spending in 2026

Dozens of countries have agreed to release a record amount of oil from emergency reserves, in an effort to stabilise global supply and curb soaring prices.

All 32 members of the International Energy Agency, including the United States and the United Kingdom, will release a combined 400 million barrels, as the agency warns of supply disruptions it describes as unprecedented in scale.

The move comes amid heightened global energy market volatility and fears of prolonged supply disruptions. Channel Africa's economics reporter Innocent Semosa has more.

Dozens of countries have agreed to release a record amount of oil from emergency reserves, in an effort to stabilise global supply and curb soaring prices.
All 32 members of the International Energy Agency, including the United States and the United Kingdom, will release a combined 400 million barrels, as the agency warns of supply disruptions it describes as unprecedented in scale.
The move comes amid heightened global energy market volatility and fears of prolonged supply disruptions. Channel Africa's economics reporter Innocent Semosa has more.

32 members of the International Energy Agency agree to release a record amount of oil from emergency reserves

Strong leadership and effective governance are being identified as critical drivers in developing transport systems that support inclusive growth across Southern Africa. Insights shared on the final day of discussions at the National Transport Conference in Midrand, Johannesburg, emphasised the importance of clear policy direction, stronger regional cooperation and increased private‑sector participation in transforming transport networks across the region.


Stakeholders highlighted that well‑governed transport systems are essential for boosting trade, improving mobility and unlocking economic opportunities,  particularly for land‑locked countries that depend heavily on reliable regional corridors.


Our reporter, Lebogang Mabange, has more.

Strong leadership and effective governance are being identified as critical drivers in developing transport systems that support inclusive growth across Southern Africa. Insights shared on the final day of discussions at the National Transport Conference in Midrand, Johannesburg, emphasised the importance of clear policy direction, stronger regional cooperation and increased private‑sector participation in transforming transport networks across the region.
 Stakeholders highlighted that well‑governed transport systems are essential for boosting trade, improving mobility and unlocking economic opportunities,&nbsp; particularly for land‑locked countries that depend heavily on reliable regional corridors.
 Our reporter, Lebogang Mabange, has more.

 Strong leadership and effective governance critical to building transport systems that support inclusive growth across Southern Africa

Equity Group Holdings Plc has posted record profits for the year ending December 2025, becoming the most profitable company in East and Central Africa. The strong performance, driven by accelerating digital growth and rising contributions from its regional subsidiaries, comes as the lender positions itself for expansion into new markets, including Ethiopia and West Africa.


Daniel Ominde reports from Nairobi.

Equity Group Holdings Plc has posted record profits for the year ending December 2025, becoming the most profitable company in East and Central Africa. The strong performance, driven by accelerating digital growth and rising contributions from its regional subsidiaries, comes as the lender positions itself for expansion into new markets, including Ethiopia and West Africa.
 Daniel Ominde reports from Nairobi.

Rising Food Prices and Income Taxes Set to Curb Consumer Spending in 2026

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