Kenya

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

The first half of 2011 was a torrid period for the Kenyan shilling. The unit lost close to 15% against the US dollar in the six months between January and mid-June and although it has... 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

East Africa remains gripped by a currency crisis. The Kenya, Tanzanian and Ugandan shillings have all sold off sharply since the start of the year and while the Kenyan shilling is tentatively... 2011-06-30

BMI remains bullish towards Sub-Saharan African equities over the long term, believing that strong macroeconomic growth, improved liquidity and increased foreign investor interest... 2011-06-15

BMI View: The budgets released by Kenya, Tanzania and Uganda show a necessary drive towards pro-poor spending and infrastructural investments. We are broadly sanguine on Kenya's and... 2011-06-10

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

BMI View: Several Sub-Saharan African currencies are under pressure, due to US dollar strength as well as various country-specific factors. Nevertheless, we expect the Nigerian naira... 2011-05-19

BMI View: Sub-Saharan Africa faces a difficult period over the coming months, with high inflation and elevated borrowing costs likely to pose challenges to policymakers. Nevertheless,... 2011-05-17