Economy East & Central Africa Homepage

BMI View: Sudan's economy should register real growth of 12.9% in 2008, thanks to strong growth in the non-oil economy, particularly as non-oil growth in 2007 was higher than initially... 2008-09-26

The pace of widening of the trade deficit has eased with the latest data release for July, However, despite robust coffee exports and an easing of global oil prices, we see Uganda's... 2008-09-26

Global food and energy prices may have come off significantly from their highs reached in the middle of 2008, but such declines have not yet filtered down into easing price pressures... 2008-09-26

Ongoing high food price inflation and government plans to settle outstanding domestic arrears are likely to put further upside pressure on inflation over the course of 2008.

We believe 2008 will be the peak year for Tanzania's current account deficit, at 12.2% of GDP. In 2009, as oil prices fall, we see the deficit narrowing to 10.0% of GDP and then to... 2008-08-22

BMI View: Sudan's agricultural sector has considerable potential to attract investment, thanks to a plentiful water supply and a variety of favourable climatic conditions. Burgeoning... 2008-08-19

Uganda's Tourist Board expects tourism receipts to exceed US$500mn in 2008, up 5% on 2007. Tourism receipts exceed those from coffee, but this increase in visitor income may not offset... 2008-07-25

BMI View: We are forecasting real GDP growth of 5.4% in 2008 followed by 4.8% in 2009. Agricultural exports, especially coffee, will remain the key driver.

We see the value of imports rising over 2008 to US$5.7bn from US$4.86 in 2007, as high investment increases demand for machinery amid high oil prices. At the same time, strong metal... 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