Soaring inflation, cost pressures and dwindling economic prospects for consumers, business and government, is the focus in this edition of the Business Day Spotlight.

Our host Mudiwa Gavaza is joined by Jeffrey Schultz, senior economist at BNP Paribas SA.

Topics of discussion include: the latest consumer price index (CPI) figures for SA; reasons for the continued increase in living costs; ways in which governments and central banks around the world can work to stem the economic bleed; and rethinking globalisation.