Economy
Angola
In spite of a rise in the food component of the price basket, overall inflation fell to 13.83% y-o-y in January (from 13.99% the previous month). Easing price pressures were also...
2010-03-02Namibia
According to data released by the Bank of Namibia (BoN), inflation fell to 6.3% y-o-y in January from 7.0% the previous month, its lowest level since March 2007. This move is consistent...
2010-03-01Mozambique
The metical has weakened in recent trading to a level of MZN33.12/US$. That said, in recent weeks there had been little change to the metical, largely on the back the central bank...
2010-02-26Namibia
We continue to see average consumer price inflation of 6.0% y-o-y in 2010, down considerably from the 9.0% figure recorded in 2009. Although y-o-y inflation actually accelerated from...
2010-02-03Angola
With oil prices holding up at around US$75.00, and demand for Angola's crude oil still strong, we expect the Banco Nacional de Angola (BNA) to continue building reserves over the...
2010-02-03Mozambique
We continue to believe that Mozambique remains on a solid footing to benefit from the recovery of the global economy in 2010 and 2011. Growth has surprised on the upside in recent...
2010-02-01Mozambique
The metical has slowly appreciated in recent weeks after the currency found a base around the MZN31.00/US$ area. Currently trading at MZN30.00/US$, we anticipate a gradual appreciation...
2010-02-01Angola
In spite of the kwanza's recent depreciation to AOA89.80/US$, we think a strengthening fundamental picture will eventually support a move back to AOA80.00/US$ by end-2010.
2010-01-28
