Economy
Namibia
The SWAPO government plans to continue with a countercyclical fiscal policy, with spending on infrastructure and social sectors set to soar again in FY2010/11. This, combined with tumbling...
2010-09-01Angola
The Angolan parliament has approved a revised budget that would see the fiscal position move from a planned deficit of 2.7% of GDP to an estimated surplus of 1.2%. Although the revised...
2010-09-01Angola
Based on the latest trends in Angola's foreign exchange market, we retain our view that the currency will appreciate to AOA89.00/US$ by the end of 2010. The case for such a move is...
2010-08-27Zambia
We are forecasting a decline in Zambia's fiscal deficit in the medium term, from 2.9% of GDP in 2010 to 1.4% in 2011. With high levels of foreign direct investment flowing into the...
2010-08-25Mauritius
Mauritius' trade deficit is showing no signs of narrowing in 2010 or 2011. The euro zone accounts for 67% of the country's exports, and we expect demand in European countries to remain...
2010-07-27Zambia
We expect Zambia's trade surplus to widen in 2010 as billions of US dollars of investment in copper mines from the previous five years to begin to bear fruit. In H110, several of...
2010-07-26Madagascar
BMI View: We hold to our -1.5% real GDP growth forecast for Madagascar in 2010, in spite of the Malagasy authorities' estimate that the economy will expand by 0.8% in real terms....
2010-07-26Angola
According to the latest data from the National Statistics Institute, inflation hit 13.74% in June, up marginally from 13.85% in May. This translated into sequential price growth of...
2010-07-22
