Flash Briefing: SA rich are getting poorer; gas powerships will be costly; Zim to promote trophy hunting

South Africa’s headline consumer price inflation has not risen as quickly as analysts have forecast. rose to 3.2% year-on-year in March from 2.9% in February, data from Statistics South Africa showed on Wednesday.
South Africa is home to over twice as many millionaires (HNWIs) as any other African country. Despite this, the total private wealth held in the country declined by 25% between 2010 and 2020. This is according to the Africa Wealth Report 2021, published on Tuesday by Johannesburg-based wealth intelligence firm New World Wealth together with Mauritius-based AfrAsia Bank.
The government’s decision to include three liquid natural gas powerships from Karpowership SA for emergency power is a mistake which will cost South Africa dearly in the long run, reports MyBroadband.co.za. This is the view of energy expert Chris Yelland.
Zimbabwe plans to sell the right to shoot as many as 500 elephants for as much as $70,000 (about R1m) per animal to help fund the upkeep of its national parks, reports Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices