Economy East & Central Africa Homepage

The shilling has extended its upside since we last wrote, piercing through the symbolic UGX1700/US$ resistance level to touch as high as UGX1670/US$ (at the time of writing). Year-to-date... 2007-05-17

Kenyan local debt continues to yield attractive rates, and we feel that the 3-6 year portion of the curve offers the most value for investors given that liquidity constraints restrict... 2007-05-17

BMI View: We expect inflation to rise to 10.0% by end-year, up from the 5.9% y-o-y rate seen in March, as increased fiscal laxity surrounding the impending polls places upside... 2007-05-10

We expect Tanzania to record faster economic growth this year of 7.35%, up from 5.93% last year on the back of greater government investment levels resulting from the increased funds... 2007-05-10

BMI View: Continued strong growth of capital goods imports are bolstering long-term growth potential.

BMI View: With the Bujagali Hydropower project looking set to be implemented, a key bottleneck to Uganda's economic expansion and development ambitions will at least partially be... 2007-05-08

We forecast strong growth of 10.3% for Sudan in 2007, albeit down from an estimated 13% in 2006. A major weakness in the economy is the current account deficit, which we predict will... 2007-05-08

BMI View: We expect growth to slow in 2007 as bottlenecks in the manufacturing sector begin to impact on productivity. This will begin to recover in 2008, partly due to the implementation... 2007-05-01

BMI View: After changing some of our core forecasts last month (including a rise in our CPI forecast for 2007 to 20%), there is no change this month. Our GDP growth forecast remains... 2007-05-01

Government investment in infrastructure should prove beneficial for growth in the country over the long-term, while moves toward greater economic integration in the East Africa Community... 2007-05-01