Kenya

The Kenyan shilling is looking precarious and in our view, could weaken further over the near term. Currently trading at KES85.10/US$, the currency has sold off by over 1.7% against... 2011-05-10

BMI View: Equities remain our favoured asset class, although selectivity between the markets is key. Several new Eurobonds are in the pipeline: we favour the offering from Zambia.

BMI View: Recent developments have only served to reinforce our core view favouring equities over fixed income. However, we are becoming more positive towards currencies in light... 2011-04-08

After a sharp sell-off and a subsequent recovery in March, the short-term outlook for the Kenyan shilling remains uncertain. Thirst for expensive oil will lead to demand for dollars... 2011-04-06

BMI View: The outlook for Sub-Saharan African (SSA) currencies is broadly turning more positive amid a weak US dollar, rising global risk appetite and the increasing likelihood of... 2011-04-04

BMI View: The interest rate tightening cycle is well underway in Sub-Saharan Africa, and we anticipate further hikes over the coming months. Local debt yields should rise accordingly.... 2011-04-01

BMI View: The latest update of our Sub-Saharan Africa Sovereign Risk Ratings has seen some notable moves, both to the upside and the downside. We continue to regard Gabon as the most... 2011-03-30

While we are mindful of the risks to the global economic recovery and investor appetite stemming from the ongoing unrest in Libya, we continue to hold a bullish outlook on select SSA... 2011-03-21

A range of markets across Sub-Saharan Africa are being hit by global factors including risk aversion, rising input costs, and fears of further political instability. Here we highlight... 2011-03-10

Geopolitical events have seen a rise in risk aversion and caused some volatility in global markets since our last asset allocation strategy update - a spike higher in oil prices being... 2011-03-03