Ghana

Ghana's US$2017 global bond is rallying strongly in line with the global trend for emerging market debt, and is currently testing its all-time-high. The instrument has been buoyed by... 2010-08-10

In line with our expectations, the recent run of losses for the Ghanaian cedi have been capped, with the currency having found support just short of our GHS1.4600/US$ target. In our... 2010-08-03

BMI View: In the aftermath of the Bank of Ghana's decision to cut interest rates by a greater-than-expected 150bps on July 16, we hold to our out-of-consensus view for the prime rate... 2010-07-19

BMI View: Over the near term, we are bearish the cedi and local equities. Looking further ahead in H210, we see local debt selling off, and the cedi appreciating against the US dollar.... 2010-07-05

We have decided to take 10.1% profit on our bullish Ghanaian equities Key Market View given the ongoing momentum for near-term downside amid a bout of profit-taking and short-term... 2010-06-09

BMI View: As the economic recovery continues apace, our proprietary Sovereign Risk Ratings for Sub-Saharan Africa remain broadly stable. We see Gabon as the most creditworthy sovereign... 2010-06-03

We hold to our core views on Sub-Saharan African equities, which are serving us well: We like markets that remain far below their all-time highs, especially those which have a promising... 2010-06-02

BMI View: Across the Sub-Saharan Africa region, inflation will soon bottom out and begin to rise owing to base effects, weak currencies, and buoyant economic activity. Against this... 2010-05-26

The upside and downside pressures on the Ghanaian cedi have been balanced since December 2009, and we expect this to continue over the short term. Depreciatory forces stemming from... 2010-05-13

Our bullish key market view on Ghanaian equities is playing out well, and we remain constructive. The All-Share Index has soared by 13.3% in just three weeks, punching through the... 2010-05-12