Economy

BMI View: Madagascar's authorities must bargain hard if they are to glean the maximum benefit from a proposed deal allowing Daewoo Logistics Corporation to cultivate land in the... 2008-11-26

According to data provided by the South African Revenue Service, export growth still came in at a very robust 37.0% y-o-y during the first nine months of 2008.

With price pressures subsiding more rapidly than expected, we have revised down our 2008 year-end inflation forecast to 11.2% y-o-y (down from 13.8%). Given the significant slump... 2008-11-21

We believe real GDP growth will remain in the double-digit levels in Angola over the coming two years, as strong expansion in the non-oil economy will offset slowing growth in the... 2008-11-21

Mozambique is unlikely to be directly affected by the global financial crisis. However, broader risks to economic growth remain in the form of reduced demand from export markets... 2008-11-20

Global commodity prices may have fallen, including oil which is testing our US$50.00/bbl target, but we envisage only a moderate easing of price pressures by the end of 2008 and into... 2008-11-20

BMI View: Amidst high volatility, we are maintaining our end-08 kwacha exchange rate forecast of ZMK4,200/US$, with an average 2009 forecast of ZMK4,400/US$. While increased political... 2008-11-20

BMI View: We are forecasting a relatively small fiscal deficit over the coming two years, forecast to come in at 1.9% of GDP in 2009 and 1.7% in 2010, down slightly from 2.1% in... 2008-11-20

BMI View: Mauritius should see its current account deficit hold steady in 2009 at US$920mn (9.6% of GDP), from US$930mn (10.0% of GDP) in 2008, as falling commodity prices ease import... 2008-11-18

BMI View: The ongoing 'green revolution' and the onset of uranium production in late 2008, will help to deliver real GDP growth of a forecast 6.7% in 2009 for Malawi. Macroeconomic... 2008-11-14