Kenya

BMI View: Al-Shabaab's confirmation that it was behind the July 11 attacks in Kampala demonstrates that it will now strike out against its enemies abroad, rather than merely fight... 2010-07-13

The Kenyan shilling found support at KES81.00/US$ after a six month bout of depreciation, during which it lost approximately 9% against the US dollar. With a weak recovery in the US... 2010-07-09

Kenyan bond yields have rallied aggressively across the yield curve in recent weeks and months, owing to benign inflation, low interest rates and a well-received budget. We believe... 2010-07-02

Although the value of the Kenyan shilling against the dollar has been hit by the latest bout of global risk aversion, we believe that it will bounce back from its current low of KES82.10/US$.

We expect several African currencies to continue weakening over the coming days as fears over a declining euro precipitate a rush towards US dollars. We reiterate that these moves... 2010-06-07

We hold to our core views on Sub-Saharan African equities, which are serving us well: We like markets that remain far below their all-time highs, especially those which have a promising... 2010-06-02

BMI View: Across the Sub-Saharan Africa region, inflation will soon bottom out and begin to rise owing to base effects, weak currencies, and buoyant economic activity. Against this... 2010-05-26