South Africa

South African consumer price growth, at 12.4% y-o-y in October, has come in slightly below our - and consensus - expectations. Although not a major shock, we believe that the downward... 2008-11-26

At the beginning of November, BMI travelled to South Africa to meet with key clients in the corporate, financial and public sector, as well as to gain a feel for the prevailing economic... 2008-11-20

Sub-Saharan African (SSA) equities remain on shaky ground, with the major stock markets - South Africa, Nigeria, Kenya and Mauritius - set for further falls. Since the beginning of... 2008-11-11

We are seeing increasing risks for Namibia's balance of payments position, on the back of a widening trade deficit coupled with the potential for stagnation of SACU receipts and slowing... 2008-10-10

BMI View: With risks to inflation still to the upside, we believe that the South African central bank will implement the first 50bps interest rate cut at the April-09 MPC meeting.... 2008-10-10

The extreme volatility and uncertainty in international financial markets, combined with slowing global economic growth, continue to weigh heavily on sub-Saharan African (SSA) currencies.... 2008-10-08

The South African rand and the Johannesburg All-Share Index (JALSH) will remain highly vulnerable to ongoing volatility in international financial markets, with both the currency... 2008-10-06