Economy
Congo, Dem. Rep.
Inflation in the DRC has continued to fall in recent months, reaching 47.6% y-o-y in the second week of February 2010. Although such rapid price growth is still cause for concern,...
2010-02-26Uganda
Private consumption has long been the backbone of the Ugandan economy, and was one of the major factors preventing it from falling into a deeper downturn at a time of globally contracting...
2010-02-25Kenya
The Kenya National Bureau of Statistics (KNBS) reported a drop in the annual inflation rate to 4.7% in January, compared with 5.3% in December 2009. This was due to a slowdown in...
2010-02-25Uganda
We think that the combination of improving investor sentiment and positive regulatory changes have the potential to lift Ugandan equities in
2010-02-17Congo, Dem. Rep.
Following a recapitalisation by the IMF and other development partners in September 2009, the Banque Centrale du Congo's (BCC) reserves now stand at US$875mn. Given that we expect...
2010-02-02Uganda
We are forecasting real GDP growth 7.1% in FY2009/10, which we expect to be driven by strong domestic demand. The thrust of this demand will come at once from private consumption,...
2010-02-02Kenya
Despite a late January sell-off in the shilling, we believe that the unit will follow a broadly appreciatory trajectory in 2010, with our year-end forecast set at KES72.50/US$. This...
2010-01-29Sudan
Sudan saw a period of disinflation in the latter part of 2009 with y-o-y headline inflation falling from a high of 14.5% in August to 13.4% in December. We expect this disinflationary...
2010-01-29
