Kenya

Kenya's tourist board has reported revenues down by 54% y-o-y for Q108, due to post-election violence. Tourist arrivals fell 45% y-o-y to 274,419 for the quarter, while occupancy... 2008-05-02

BMI View: The disruption to trade and decimation of the tourism industry suffered over Q108 will weigh on Kenya's balance of payments position in 2008. We are forecasting a current... 2008-04-22

BMI View: Although it is encouraging that Kenya's new coalition government has been agreed upon, we harbour concerns regarding the dominance of the Party of National Unity and the... 2008-04-21

BMI View: Political wrangling in Kenya, with the suspension of talks over the new cabinet, signals the underlying tensions that exist within the nascent coalition government. We... 2008-04-08

A row that broke out on March 10 signals the less-than-smooth path that needs to be travelled in the formation of Kenya's new coalition government. A statement made on March 10 by... 2008-04-08

BMI View: Taking the latest inflation readings into account - headline inflation of 21.8% y-o-y and underlying inflation of 9.8% in March - and factoring in the likely rise of prices... 2008-04-08

BMI View: Although the power-sharing agreement gives hope that disruption to Kenya's economy will be quelled, we continue to see 2008 as an economic nadir. Our new forecast for... 2008-03-04

Twelve people were reportedly shot, hacked or burned to death in a dispute over property in Kenya's Mount Elgon area in early March. The incident was apparently unrelated to the ethnic... 2008-03-04

BMI View: While we expect average inflation in Kenya to spike up to 16% in 2008, we believe it will moderate in 2009, averaging 10.0%. However, key upside risk stems from oil prices,... 2008-03-04

In a statement likely to further inflame political tensions, opposition leader Raila Odinga vented his objection to President Mwai Kibaki attending the African Union summit held in... 2008-02-01