Ghana

BMI View: We have initiated a bullish position on the Ghana All-Share Index in our Key Market Views, targeting 7,000 (a 13.3% gain). Our optimism is based on a strong macroeconomic... 2010-04-21

BMI View: The ongoing decline in inflation and interest rates has further to run, and we are penciling in a 50bps cut of the Prime Rate in June, following the 100bps enacted on... 2010-04-19

We continue to like Nigerian, Ghanaian, Kenyan and Ugandan equities based on encouraging technicals as well as strong economic fundamentals. Meanwhile, caution is warranted on South... 2010-04-14

While Ghana and Gabon's eurobonds are likely to have reached a plateau, we believe that strong demand for Sub-Saharan fixed income could push up prices for some of the more esoteric... 2010-04-08

BMI View: It is too early to conclude how forthcoming oil revenues will be used, given that the government is currently engaged in a nationwide consultation. Yet, our on-the-ground... 2010-03-19

The ongoing rally in the Ghana All-Share Index squares well with a our positive long-term outlook for domestic equities, which is based on considerations of macroeconomic outperformance... 2010-03-08

BMI View: Several equity markets in Sub-Saharan Africa are close to key technical levels. Broadly speaking, we are cautious on South Africa, Mauritius and Botswana over the short... 2010-02-23

BMI View: We believe that Ghana's budget deficit will get worse before it gets better, owing to an anticipated acceleration in the growth of spending in 2010. We are forecasting... 2010-02-15

BMI View: While the short-term outlook is broadly bearish for Sub-Saharan African FX, we are more bullish over the medium term. Presented here are BMI's short- and medium-term... 2010-02-04

BMI View: We believe that the sovereign bonds of Ghana and Gabon can rally marginally higher over the short term, before trading sideways. Congo's sovereign bond, meanwhile, looks... 2010-01-11