Kenya
Economy
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...
2008-09-26Economy
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...
2008-09-26Economy
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...
2008-09-26Political Risk
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...
2008-09-23Economy
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...
2008-07-25Economy
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...
2008-07-25Economy
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...
2008-07-15Political Risk
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...
2008-07-09Economy
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...
2008-07-02Economy
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


