Uganda
Economy
BMI View: Relatively liquid Sub-Saharan African currencies continue to be driven by moves in the dollar-euro exchange rate, and this being the case, our global team's view for the...
2010-08-17Economy
We believe that the shilling looks ripe for medium-term appreciation owing to the following three factors: bullish technicals, strong macroeconomic fundamentals, and the onset of domestic...
2010-07-28Political Risk
BMI View: Al-Shabaab's confirmation that it was behind the July 11 attacks in Kampala demonstrates that it will now strike out against its enemies abroad, rather than merely fight...
2010-07-13Economy
We expect several African currencies to continue weakening over the coming days as fears over a declining euro precipitate a rush towards US dollars. We reiterate that these moves...
2010-06-07Economy
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
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
In line with a trend seen across East Africa, the Ugandan shilling has been on a continuous slide since the fourth quarter of 2009, having lost 14.6% of its value over the six months...
2010-05-18Economy
While short and medium-term interest rates have continued to decline since the beginning of 2010, we believe that rising inflation expectations will send yields significantly higher...
2010-04-20




