Ghana

BMI View: We have revised up our export forecasts following recent discoveries of oil deposits. Exports are forecast to rise from US$4.3bn in 2008 to US$4.8bn in 2009 as commercial... 2008-04-03

BMI View: The Bank of Ghana's 75bps interest rate hike is a prudent move, in light of the latest inflation readings. We continue to forecast the gradual lowering of inflation and... 2008-03-18

The latest data released by the Bank of Ghana (BoG) illustrates an end-07 uptrend in inflation. Headline inflation rose to 12.7% y-o-y in December, up from 10.1% in October. Core... 2008-03-03

BMI View: Our forecast for real GDP growth of 6.7% in 2008 is below the government's 7% target - principally because we believe high oil prices, inflation and infrastructural weaknesses... 2008-03-03

BMI View: We envisage significant improvement in Ghana's fiscal position in 2008, on the back of reduced utility subsidies and prudent spending, with the fiscal deficit equating... 2008-02-14

The case involving two British teenage girls who were accused of smuggling cocaine in Ghana was finally settled on January 23, with a conviction and a jail sentence of a year. Since... 2008-01-31

BMI View: We expect real GDP growth to receive a fillip from the January-February 2008 Africa Cup of Nations football competition, delivering a strong growth rate of 6% for 2008.... 2008-01-31

BMI View: We expect 2007 to mark the zenith of Ghana's real GDP growth over the medium term. Growth should ease to a still-respectable 6.0% in 2008 from a somewhat higher 6.6% in... 2008-01-04

Ghana signed an interim goods-only trade deal with the European Union on December 13, ahead of the end-2007 expiry of preferential trade deals between the EU and former colonies.... 2008-01-03

BMI View: The 100bps prime rate hike from 12.5% to 13.5% illustrates the Bank of Ghana's hawkish monetary policy stance. We believe the central bank will remain vigilant in 2008,... 2007-12-19