Ghana

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... 2011-09-13

As we head into the final months of the year, we see little to like in Sub-Saharan African (SSA) financial markets. The external environment is increasingly inhospitable with the US... 2011-09-06

BMI View: The Bank of Ghana's decision to keep interest rates on hold rather than cutting them is encouraging, since it shows an awareness of the upside risks to inflation. We see... 2011-09-02

BMI View: In a worst-case scenario for the US and eurozone economies, we would expect Angola, Botswana, Cameroon, Gabon and South Africa to suffer the most. Yet, we believe that... 2011-08-18

BMI View: We are constructive towards select Sub-Saharan African FX - the South African rand, Zambian kwacha and Ghanaian cedi - given the bearish outlook for the US dollar and country-specific... 2011-08-03

BMI View: We believe the rate-hiking cycle in SSA has further to run, with interest rate increases expected to take place in most markets by year-end. Taking into account our inflation... 2011-07-21

BMI View: The Bank of Ghana's decision to cut interest rates by 50 basis points to 12.50% signals a benign view on inflation, but we believe this is somewhat misplaced. Moreover,... 2011-07-07

BMI View: There is not much to like in Sub-Saharan African financial markets at the moment. Although we see upside for East African FX and select equity markets over the near term,... 2011-07-05

BMI View: We believe the 'oil play' Eurobonds - Gabon, Nigeria, Republic of Congo and Ghana - are at risk of a sell-off, given the bearish outlook for oil prices, although they will... 2011-06-28

BMI View: Equities remain our favoured asset class, although selectivity between the markets is key. We favour Nigerian, Ghanaian and Zambian stocks.