Kenya

African equity markets have rallied alongside their counterparts from other emerging markets in recent weeks. Given their correlation with global equity markets combined with some idiosyncratic... 2010-10-06

BMI View: The regional trend for interest rate easing has come to a close. Looking ahead, we see high-growth markets such as Ghana, Nigeria and Kenya hiking rates sooner rather than... 2010-09-29

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... 2010-09-27

BMI View: We retain our upbeat outlook on Kenya following a visit to Nairobi in early September. The consumer sector holds particular promise. Key concerns include a potential real... 2010-09-08

BMI View: Relatively liquid Sub-Saharan African currencies continue to be driven by moves in the dollar-euro exchange rate, and this being the case, our global team's view for the... 2010-08-17

BMI View: Al-Shabaab's confirmation that it was behind the July 11 attacks in Kampala demonstrates that it will now strike out against its enemies abroad, rather than merely fight... 2010-07-13

The Kenyan shilling found support at KES81.00/US$ after a six month bout of depreciation, during which it lost approximately 9% against the US dollar. With a weak recovery in the US... 2010-07-09

Kenyan bond yields have rallied aggressively across the yield curve in recent weeks and months, owing to benign inflation, low interest rates and a well-received budget. We believe... 2010-07-02

Although the value of the Kenyan shilling against the dollar has been hit by the latest bout of global risk aversion, we believe that it will bounce back from its current low of KES82.10/US$.

We expect several African currencies to continue weakening over the coming days as fears over a declining euro precipitate a rush towards US dollars. We reiterate that these moves... 2010-06-07