South Africa

BMI View: South African stocks are looking promising from a technical perspective. If the market continues to rally, we expect a sustained variation in sectoral performance, with... 2012-01-17

As we move into 2012, our asset class strategy for Sub-Saharan Africa remains broadly unchanged from December 2011. We see East African local debt as offering the most compelling investment... 2012-01-04

BMI View: The South African economy is poised for a slowdown in 2012, with real GDP growth forecast to come in at 2.7%, down from an estimated 3.1% in 2011. Although private consumption... 2011-12-09

As we head towards the end of 2011, we retain our tactical preference for East African FX and select local debt markets in Sub-Saharan Africa. Meanwhile, we see little to like in the... 2011-12-08

The outlook for inflation across Sub-Saharan Africa is mixed. Broadly speaking, we see price pressures building in key markets in West Africa; for Southern Africa we expect inflation... 2011-12-05

Sub-Saharan African FX remains under pressure amid heightening concerns regarding the eurozone as well as a range of domestic factors. BMI maintains its bearish stance on the South... 2011-11-24

South African assets have not been spared amid the global market jitters. Indeed, the Johannesburg All-Share Index (JALSH) sold off by 1.4% in early trade on November 21, following... 2011-11-21

The Nigerian naira has continued to experience significant volatility on the interbank market since the 275bps hike in early October; however, on balance the currency is slowly strengthening.... 2011-11-16

South Africa's Johannesburg All-Share (JALSH) Index continues to look promising from a technical perspective, but we remain constructive only over a short-term horizon. Since making... 2011-11-14

BMI View: We highlight Kenyan stocks and the Kenyan shilling as markets which look promising. Caution is warranted on Zambian stocks and the Ghanaian cedi. We continue to view local... 2011-11-01