Economy East & Central Africa Homepage

BMI View: Inflation will continue to come down from highs experienced at the end of 2011, but due to base effects and ongoing supply constraints, we expect it will stay elevated through... 2012-04-26

BMI View: With higher-than-anticipated current expenditures, due to elevated borrowing and security costs, we expect the fiscal deficit to remain large in the coming years. We are... 2012-03-26

BMI View: Due to high inflation and interest rates, both consumption and investment will be constrained through 2012. We have downgraded our real GDP forecasts in light of this, although... 2012-02-27

BMI View: We have revised our budget forecasts for the current fiscal year in Uganda on the back of our expectations that revenues will come in at a lower level than previously... 2012-02-10

BMI View: We have revised down our 2012 Uganda economic growth forecasts, to 6.2% from 7.1% previously, on the back of evidence that high inflation and tight monetary policy will... 2012-02-06

BMI View: Uganda's current account deficit is expected to narrow in 2012, but still remain quite large, at just under 10% of GDP. The trade account deficit makes up most of the shortfall,... 2012-01-26

We are forecasting real GDP growth of 6.1% for the DRC in 2012, a slight fall from the 6.4% growth we estimate for 2011. Economic activity should be driven by an expanding mining sector:... 2012-01-25

Kenya's current account deficit ballooned to an estimated US$3.8bn (10.1% of GDP) in 2011 from US$2.5bn (7.8%) a year earlier. We believe that a combination of subdued demand from Europe... 2012-01-04

We are expect the DRC's exports to grow by 22.0% in 2012 largely on the back of our Mining team's forecasts for the sector to expand by 70% between 2011 and 2015. Improvements in the... 2011-12-30

BMI View: Regional drought and rising global commodity prices saw inflation rise to very high levels in the latter part 2011. We expect that price growth will moderate over the coming... 2011-12-19