Kenya

BMI View: We believe EM risk aversion is likely to weigh on appetite for Kenya's planned US$500mn sovereign bond issue, if it goes ahead as planned in H109. Furthermore, macroeconomic... 2008-09-26

Kenya is currently suffering a power crisis, owing to the recent increase of electricity costs. The Kenya Association of Manufacturers (KAM) estimates that energy costs have risen... 2008-09-26

BMI View: The outlook for real GDP growth over Q408 is clouded by the ailing manufacturing sector. The industry comprises around 10% of the economy, and we expect the possible contraction... 2008-09-26

BMI View: While low-level infighting will continue to blight Kenya's coalition government, we are cautiously optimistic that it will hold together until the 2012 elections. An impending... 2008-09-23

Private equity is burgeoning in Kenya as funds have seized on the opportunities offered by small and medium sized enterprises (SMEs) that are considered too large to be classified... 2008-07-25

BMI View: Ongoing trends including heightened political risk, a widening current account deficit and waning investor confidence augur for continued shilling weakness over the remainder... 2008-07-25

BMI View: Data for Q108 give reason to expect that Kenya's economy will bounce back fairly swiftly from damage incurred by post-election unrest, and we are forecasting real GDP growth... 2008-07-15

BMI View: A potential corruption scandal in which Finance Minister Amos Kimunya is implicated, and the rising cost of living pose headwinds to Kenya's new coalition government over... 2008-07-09

BMI View: We are fairly upbeat on Kenya's growth prospects over 2008-2017, forecasting annual real GDP growth of 4.6% by 2012 and 3.6% by 2017. Key supporting factors will be its... 2008-07-02

BMI View: Kenya's finance minister, Amos Kimunya, in June delivered the 2008-2009 budget speech, in which he offered an improved public healthcare system. For the financial year... 2008-07-01