South Africa

Over the course of 2010, our three best market calls for Sub-Saharan Africa (SSA) were: bullish Kenyan equities, bullish South African rand, and bearish Nigerian local debt. Calls that... 2010-12-21

We present here 11 themes that we believe will dominate Sub-Saharan African markets in 2011. Of the 11, the most salient are: the return of political risk; high commodity prices; and... 2010-12-17

BMI View: We see the South African economy continuing its tepid recovery in 2011, with our forecast for real GDP growth standing at 3.5%. The continued rebound of the consumer sector... 2010-12-14

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... 2010-12-08

The November 3 announcement from the US Federal Reserve regarding its second round of large-scale asset purchases ('QE2') reinforces our bullish outlook on South African assets. Certainly,... 2010-11-04

Several markets in Southern Africa have seen breaks through key technical resistance levels and look set for further gains over the short term, driven by the following trends in global... 2010-10-15

The South African rand looks set to extend its gains against the US dollar, driven by international investment flows towards high-yielding currencies and bullish momentum for gold.... 2010-10-12

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