South Africa

BMI View: An uptick in global risk aversion saw South African and Mauritian equity indices sell off slightly on April 19. However, we reiterate our bullish outlook on our regional... 2011-04-19

BMI View: Although we hold a broadly neutral view on the JALSH, the outlook differs for the various sectors. In our view, mining and construction stocks look most promising at present.

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

The South African rand has made a bullish break through the ZAR6.7500/US$ resistance level, auguring for further gains towards ZAR6.5000/US$ over the short term. Aside from the technicals,... 2011-04-07

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

BMI View: We retain our cautiously optimistic outlook on South Africa following a visit to Johannesburg and Pretoria, forecasting real GDP growth of 3.5% in 2011. Confidence is rising... 2011-03-17

Select Sub-Saharan African (SSA) equity markets have sold off sharply following the Japan earthquake and subsequent nuclear fallout, exhibiting investor fears over the ramifications... 2011-03-15