Currency Forecast - ZMW: Gradual Sell-off Ahead - 18 SEPT 2017
Emerging Markets Monitor September 2017 / Zambia / Economy
We expect that the Zambian kwacha will continue to sell-off in the months ahead as real rates become less attractive and the country's terms of trade deteriorate modestly. In the long term while...
Political Risk Analysis - Hichilema Victory Will Bolster Business Environment - 23 MAY 2016
Emerging Markets Monitor May 2016 / Zambia / Political Risk
Zambia's August presidential elections will be highly competitive, encouraging elevated levels of social expenditure by the ruling Patriotic Front as well as increasing social unrest, as supporters...
Currency Forecast - Kwacha: Depreciatory Pressure To Ease - 03 MAR 2014
Emerging Markets Monitor February 2014 / Zambia / Economy
The Zambian kwacha has been under pressure during early 2014, having depreciated by 4.4% against the US dollar since the start of the year to trade at ZMW5.78/US$ on February 26. The unit has...
Market Strategy - Kwacha To Edge Lower In H213 - 17 JUNE 2013
Emerging Markets Monitor June 2013 / Zambia / Economy
We expect that the Zambian kwacha will slip slightly over the medium term, to technical support of ZMK5.420/US$, compared to current levels of ZMK5.400/US$ at the time of writing. Despite a longsta...
Market Strategy - Equity Rally To Resume Amid Strong Fundamentals - 22 APR 2013
Emerging Markets Monitor April 2013 / Zambia / Finance
BMI View: Zambia's All Share equity index has continued to climb following a positive technical break which we identified earlier this year. We expect that the country's rapid growth should help...
Market Strategy - Kwacha Under Pressure As Trade Strength Wavers - 25 MAR 2013
Emerging Markets Monitor March 2013 / Zambia / Economy
BMI View: The Zambian kwacha has fallen to levels not seen since 2009, thanks in part to sluggish growth in the copper sector in recent months, along with a robust expansion of imports. The currenc...