Economy East & Central Africa Homepage

BMI View: We believe that a combination of subdued demand for exports, high inflation, reduced capital inflows and waning remittances will weigh on economic expansion in Kenya over... 2008-11-24

BMI View: We foresee a significant downturn in real GDP growth in Sudan in 2009, to a forecast 7.9%, from an estimated 12.7% in 2008. This is largely owing to a marked slowdown in... 2008-11-24

With global economic growth prospects looking weaker by the month, we believe that the demand for commodities, in particular metal prices, is likely to remain under considerable pressure... 2008-11-24

BMI View: We are forecasting a slow decline in average inflation to 8.0% in 2009, from 9.5% in 2008, as falling commodity prices and slowing growth take hold. We see inflation slowing... 2008-11-21

Since the sell-off from an eight-year high of UGX1,555/US$ in June 2008, the shilling has exhibited severe volatility against the backdrop of global risk aversion, the financial crisis... 2008-11-20

BMI View: Kenya's ambitious plans to upgrade infrastructure domestically and across the East African region, will present compelling opportunities for fixed income investors. However,... 2008-11-14

BMI View: We have adjusted our forecasts for Sudan's current account balance, on the back of the ongoing decline in oil prices and the global growth slowdown. We now see a current... 2008-10-27

BMI View: We now see Tanzania's current account deficit stretching to 14.1% of GDP in 2008, up from a previous forecast of 10.0%, primarily because tourism receipts in H208 are... 2008-10-27

BMI View: The Kenyan shilling has broken below the key psychological level of KES80.00/US$, setting up further losses, in our view. We are medium-term bearish the shilling on account... 2008-10-27

BMI View: Real GDP growth in Sudan is set to fall to 7.9% in 2009, from an estimated 12.7% in 2008, as the effects of the global financial crisis feed through. The growth of the... 2008-10-27