South Africa

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.

Despite picking up from 3.2% y-o-y in Q108 to 5.3% y-o-y in Q208, our year-end forecast of 6.3% for Mozambique now looks slightly optimistic. As such, we are revising down our 2008... 2008-10-28

Developments in South African politics are unlikely to make much of a difference to the Zimbabwean situation, which is mired in an impasse. The power-sharing deal moved the country... 2008-09-25

Inflationary pressures continue to build in South Africa's economy, with CPIX (which excludes interest rates on mortgage bonds) climbing to 13.6% y-o-y in August, up from 13.0% in... 2008-09-24

In our view, Thabo Mbeki's early resignation on September 20 will significantly accelerate the transformation of South Africa's political landscape over the coming year, with rising... 2008-09-24

With no further outbreaks of xenophobic attacks over the course of July, we increased our short-term political risk rating to 65.0 from 62.5. Despite improvements in the security... 2008-07-31

With Maputo municipal elections scheduled for November 19, the Electoral Administration Technical Secretariat (STAE) - the electoral branch of the Mozambican civil service - is currently... 2008-07-28

Local NGO Women Action for Development (WAD) is pressing the Oshana Regional Council and Oshakati Town Council for the establishment of community voice bodies. The group envisages... 2008-07-28

BMI View: Although we believe that the current account deficit will see only a minor increase to 7.7% of GDP in 2008 from 7.5% in 2007, further expected portfolio investment outflows... 2008-07-28

BMI View: Our core scenario is for a 50 basis point interest rate hike in October to 13.00% from the South African Reserve Bank (SARB) as we believe that the SARB - with CPIX growth... 2008-07-28