Economy

BMI View: The decision by the transitional government of Madagascar to dismiss its central bank governor is likely to raise concerns over the independence of the bank. We believe... 2012-02-20

BMI View: Zambian authorities have recently taken steps to bring the country closer to issuing its first-ever dollar denominated sovereign bond, a development which we believe will... 2012-02-15

The Mozambican monetary policy committee (MPC) held rates at 15.00% at their monthly meeting on February 13. The decision does not alter our expectation that the MPC will enact 300... 2012-02-14

BMI View: We anticipate that the Mauritian current account deficit will deteriorate slightly to 8.5% of GDP in 2012, from 7.6% in 2011, before making a modest rebound to 7.2% in... 2012-01-30

BMI View: We are forecasting Angola's fiscal surplus to widen to 3.5% of GDP in 2012, from 2.1% in 2011. Given that 2012 is election year, we believe that total expenditure will... 2012-01-30

BMI View: We expect both imports and exports to continue a steady expansion in 2012. As a result, the trade balance should remain broadly stable as a percentage of GDP; we expect... 2012-01-30

BMI View: The South African economy is poised for a slowdown in 2012, with real GDP growth forecast to come in at 2.7%, down from an estimated 3.1% in 2011. Although private consumption... 2012-01-27

BMI View: Buoyed in large part by its vast mineral resources, Zambia has long enjoyed a relatively robust trade account surplus, keeping the overall current account well in the black.... 2012-01-27

BMI View: Namibia's stability and natural resources will see investments continue, and this will be a major source of economic expansion in the years ahead. Private consumption and... 2012-01-27

BMI View: We are forecasting Botswana's budget deficit to narrow to 5.6% of GDP in FY2011/12 and 4.4% in FY2012/13, representing an improvement from the 6.4% deficit recorded in... 2012-01-27