Ghana
Economy
The Ghanaian cedi has staged a tentative recovery following a depreciation of over 5.0% since the start of the year, and we believe that the worst is over for the currency.
2012-01-23Economy
In line with our bearish view, the Ghanaian cedi has hit a new all-time low against the US dollar, having traded down to GHS1.6715/US$ at one point on January 11 (see 'Cedi On The Ropes',...
2012-01-11Economy
As we move into 2012, our asset class strategy for Sub-Saharan Africa remains broadly unchanged from December 2011. We see East African local debt as offering the most compelling investment...
2012-01-04Economy
As we head towards the end of 2011, we retain our tactical preference for East African FX and select local debt markets in Sub-Saharan Africa. Meanwhile, we see little to like in the...
2011-12-08Economy
The outlook for inflation across Sub-Saharan Africa is mixed. Broadly speaking, we see price pressures building in key markets in West Africa; for Southern Africa we expect inflation...
2011-12-05Economy
In line with our call, the Ghanaian cedi has hit a new all-time low against the US dollar (see 'FX: Bearish Technicals', November 24 on our online service). At the time of writing,...
2011-11-30Economy
Sub-Saharan African FX remains under pressure amid heightening concerns regarding the eurozone as well as a range of domestic factors. BMI maintains its bearish stance on the South...
2011-11-24Economy
Although the Ghanaian cedi has tentatively staged a comeback following the sharp sell-off witnessed in October, we are not convinced that the currency will hold its ground. Rather,...
2011-11-02



