Ghana

The cedi is set to see accelerated losses towards GHS1.2000/US$ in the short term owing to fundamental downside pressure as well as the actions of the Bank of Ghana. The accelerated... 2008-11-10

BMI View: We expect the Bank of Ghana's monetary policy committee to keep interest rates on hold at 17.00% on October 27. Key to this decision will be the ongoing decline in headline... 2008-10-21

The Ghanaian cedi has begun to drift lower over the past week, bringing an end to the range trading around GHS1.1500/US$ seen since the beginning of August, in our view. The stability... 2008-10-15

The spread of sub-Saharan African (SSA) US$ Global 2017 treasury bonds over US 10-year treasury bonds has widened significantly throughout September as global risk aversion rises.... 2008-10-06

We believe there is a strong possibility that Ghana's plan to launch a US$300mn 7-year bond will be put on ice, in light of ongoing global financial market turmoil and dramatic spread... 2008-09-16

BMI View: The beleaguered Ghanaian cedi should receive some support over August-September from privatisation inflows and the sale of the annual cocoa crop, bringing the currency back... 2008-08-07

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