Ghana

BMI View: Following the lower-than-expected 100bps interest rate hike from the Bank of Ghana, we expect a further 150bps in September. In the meantime, we anticipate inflation will... 2008-07-22

The Bank of Ghana (BoG)'s monetary policy committee has a difficult job on its hands, having to balance the need for aggressive interest rate tightening against deteriorating macroeconomic... 2008-07-18

Equity markets in sub-Saharan Africa (SSA) are, by and large, failing to buck the global trend for stock market declines. Even those that appear to be doing well are now looking overstretched... 2008-06-10

Investors seeking exposure to the many compelling growth trends across sub-Saharan Africa (SSA) frequently cite the lack of market depth and liquidity as a key impediment to investment.... 2008-06-05

BMI View: We are broadly upbeat on Ghanaian equities, expecting medium-term gains. Ongoing macroeconomic trends augur particularly well for stocks offering exposure to banking, consumer-driven... 2008-05-16

BMI View: We see real GDP growth peaking at 6.7% in 2008 thanks to strong private consumption and burgeoning private investment. However, macroeconomic risks are rising, not least... 2008-05-15

BMI View: The uptrend in inflation over Q407 augurs for interest rates remaining on hold over H108. Moving into the second half of the year, inflationary pressures should subside,... 2008-02-08