South Africa
Economy
South African treasury yields have declined sharply in recent trading sessions, and we remain bullish. As shown in the accompanying charts, both 10-year and 2-year treasuries have rallied,...
2010-08-13Economy
The South African rand continues to range trade, with key resistance at ZAR7.2000/US$ and key support at ZAR8.0000/US$ unlikely to be tested over the near term. However, we do expect...
2010-07-08Economy
BMI View: We maintain our forecast for the South African economy to expand by 3.0% in 2010 and 4.1% in 2011, with real GDP growth set to be driven by a recovering export sector as...
2010-07-07Economy
BMI View: As the economic recovery continues apace, our proprietary Sovereign Risk Ratings for Sub-Saharan Africa remain broadly stable. We see Gabon as the most creditworthy sovereign...
2010-06-03Economy
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...
2010-06-02Economy
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...
2010-05-26Economy
We continue to like Nigerian, Ghanaian, Kenyan and Ugandan equities based on encouraging technicals as well as strong economic fundamentals. Meanwhile, caution is warranted on South...
2010-04-14Political Risk
BMI View: We believe that racial tensions will be contained in South Africa, in light of the government's move to clamp down on the incitement of racial hatred ahead of the football...
2010-04-07
