Economy East & Central Africa Homepage

BMI View: Congo's inflation, which has been stubbornly elevated in the past due to rapid growth and undisciplined monetary policy, stood at 18.4% at the end of October 2011. Price... 2011-11-17

BMI View: Uganda's growth prospects in the coming years are expected to be excellent, as investment into the country will remain strong and a rising consumer class increasingly makes... 2011-11-17

BMI View: We have made significant revisions to Uganda's growth forecasts over the next several years, due to an expected delay in the onset of oil production, and an adjustment... 2011-11-07

BMI View: In the face of rising inflation, the Bank of Uganda continues to employ an aggressively hawkish stance, hiking its benchmark interest rate a further 300bps, to 23.00%,... 2011-11-01

BMI View: The Ugandan shilling has been under pressure for most of 2011, and we now expect the year-end exchange rate to be about UGX2,800/US$. We believe that 2012 will see a slight... 2011-10-20

BMI View: As the government has spent much of 2011 ramping up spending in the lead-up to the elections scheduled for November, we expect that the budget deficit will peak during this... 2011-10-20

BMI View: Recently released data from the Bank of Uganda suggests that the overall balance of payments position through Q211 remained precarious, with deep deficits in the current... 2011-10-17

BMI View: Despite concerns over infrastructure deficits, political risk, and high inflation, the Democratic Republic of Congo's low base and rich natural resources will likely ensure... 2011-09-26

BMI View: Although exports are expected to keep rising, bolstered by improved agricultural techniques and the onset of oil production in 2012, they will continue to be outpaced by... 2011-09-26

BMI View: Inflation in Uganda has reached levels not seen in recent decades as the price of food, and to a lesser extent fuel, have soared. Although month-on-month inflation is expected... 2011-08-26