Kenya

BMI View: We are forecasting regional real GDP growth in Sub-Saharan Africa (SSA) of 4.9% in 2010, which will almost mark a return to trend following 2009's trough. Strengthening... 2010-01-08

Having weakened in the final two weeks of 2009 due to local seasonal forex demands, the Kenyan shilling is edging higher, touching KES75.15/US$ at one point in early trading on January... 2010-01-05

Even amidst the worst global recession since the 1930s, the three largest economies of East Africa - Kenya, Tanzania and Uganda - have still managed to post enviable levels of growth,... 2009-11-20

Although easing slightly to trade at KES74.55/US$ at one point November 11, the Kenyan shilling is looking good to retest key resistance at KES74.00/US$. Our year-end target of KES73.00/US$... 2009-11-11

Kenya's Nairobi Stock Exchange-20 equity index remains entrenched in its downtrend, in place since July. Closing at 3,043 on October 27, the most recent challenge on resistance at... 2009-10-28

BMI View: Most major Sub-Saharan African countries including South Africa, Mauritius and Botswana have now ended their monetary easing cycles, and we expect the respective policy... 2009-10-26

BMI View: We remain broadly bullish on Sub-Saharan African FX, believing that several units can overcome their current period of consolidation to make further gains, especially... 2009-10-14

BMI View: It is a mixed picture for sub-Saharan African equities. Over the short term, we have a bullish outlook on South Africa's JALSH and Zambia's Lusaka All-Share Index, a cautious... 2009-10-07

Our bullish view on Sub-Saharan African (SSA) FX has played out well over the past couple of months, with the high-yielders such as the Zambian kwacha and the Ugandan shilling having... 2009-09-29

BMI View: We expect the Central Bank of Kenya to keep interest rates on hold at 7.75% following the September 23 meeting of the monetary policy committee. The domestic economic... 2009-09-22