Zambia
Economy
BMI View: The Zambian kwacha has broken out of a multi-month downward trend, on the back of a sharp rally in the price of copper, the country's main export. We believe modest further...
2012-01-13Economy
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
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
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...
2011-11-01Economy
We are becoming increasingly bearish towards Sub-Saharan African (SSA) FX given the ongoing trends for euro weakness, US dollar strength and a deteriorating outlook for regional macroeconomic...
2011-09-13Economy
We expect that the Zambian kwacha will remain at about its present level (ZMK4,920.00/US$ at the time of writing), as the currency is supported by a strong balance of payments position...
2011-09-09



