South Africa

BMI View: Warning signals abound for Sub-Saharan African equity markets. We see scope for further short-term losses in the South African, Mauritian and Zambian stock markets. We... 2009-10-22

BMI View: The South African and Mauritian equity markets are strongly correlated with the US Dow Jones index, and have accordingly been swept up by the current surge in global... 2009-10-15

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

On the back of slowly improving macroeconomic fundamentals and ongoing risks to inflation, we now believe that the South African central bank will likely keep interest rates on hold... 2009-09-23

We have initiated a bullish position on South Africa's Johannesburg All-Share Index (JALSH) in our key market views, targeting 28,000 from the current 25,826 level, owing to the... 2009-09-17

From a technical perspective, the South African rand continues to look strong, and we are maintaining our view that the currency is likely to appreciate further towards the ZAR7.0000-7.2000/US$... 2009-09-10

In late July, we identified the upside potential of several sub-Saharan African currencies, highlighting that appreciation looked likely thanks to improving global risk appetite,... 2009-09-09

The Johannesburg All-Share Index (JALSH) may have traded down from its close on August 24, dipping as much as 1.2% to 24,978 in early trading on August 25, but we continue to like... 2009-08-25

Having found support at a near three-year low of 6,074 on May 13, the Botswana Stock Exchange's Domestic Companies Index (DCI) has begun to grind back up. Closing at 6,234 on July... 2009-07-02