South Africa
Economy
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...
2012-01-17Economy
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...
2012-01-04Economy
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...
2011-12-09Economy
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...
2011-12-08Economy
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...
2011-12-05Economy
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...
2011-11-24Economy
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...
2011-11-21Economy
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....
2011-11-16Economy
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...
2011-11-14Economy
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



