South Africa

BMI View: The South African rand looks set for a spell of short-term weakness on the back of US dollar strength and waning risk appetite. Meanwhile, the rand looks set to continue... 2010-02-08

BMI View: The South African JALSH has made a bearish break though trendline support, and further losses look to be on the cards. Meanwhile, the Mauritian SEMDEX is demonstrating... 2010-01-22

The South African rand continues to range trade, with key resistance at ZAR7.20/US$ and key support at ZAR7.60/US$ unlikely to be tested over the near term. Indeed, the currency has... 2010-01-20

BMI View: We are forecasting regional real GDP growth in Sub-Saharan Africa (SSA) of 4.9% in 2010, which will almost mark a return to trend following 2009's trough. Strengthening... 2010-01-08

BMI View: One of our favoured technical indicators - the Relative Strength Index - suggests that the Ghanaian and Nigerian stock markets hold the strongest potential for gains... 2010-01-04

The South African rand looks strong on a technical basis, and we believe that it will appreciate towards the key ZAR7.2000/US$ resistance level over the short term. Trading as high... 2009-12-02

South Africa's Johannesburg All-Share Index (JALSH) is racing ahead, and while it looks set to rally a little further over the near term, we believe that a correction is due as the... 2009-11-17