Social Security beneficiaries would welcome extra money in the bank from a COLA hike. But some might only be looking at $50 a month or less extra.

Statistics South Africa says inflation rose to a ten-month high of 3.5 per cent in July, up from 3 per cent in June.

Inflation is the term used to describe the rising price of goods and services. The inflation rate refers to how quickly prices are going up. July’s inflation rate of 3.8% means if an item cost £100 a ...