Economy

The Zimbabwean central bank has produced a new package of policies, but we believe that they have only little relation or relevance to the true economic situation.

BMI View: We have recently revised upward our average oil price forecast for 2008 to US$96.50/bbl from a previous US$87.50/bbl, for the OPEC basket. Given the dominance of oil in... 2008-05-01

BMI View: On the back of strong diversification and robust performances from textiles, tourism and financial services, we have revised up our 2008 real GDP growth forecast for Mauritius... 2008-05-01

BMI View: Madagascar's current account should witness significant improvement over the coming years, thanks to strong revenues from the burgeoning mining sector. Exports are expected... 2008-05-01

BMI View: Given that the exchange rate looks set to be determined by supply and demand, rather than decree, we are forecasting the currency's value to rapidly equalise with the... 2008-05-01

BMI View: Foreign direct investment (FDI) looks set to remain a strong driver of growth in Madagascar over the coming years. On the back of an investment law introduced in January... 2008-04-29

BMI View: Comments made in April by Angola's industry minister corroborate two of BMI's key views on the Angolan economy: firstly, that diversification away from the oil sector... 2008-04-25

Following March's considerable uptick in core inflation, we now forecast that the central bank will increase interest rates at its next MPC meeting in June. Aside from surging food... 2008-04-23

BMI View: Angola's foreign reserves are expected to continue rising over the coming years, primarily thanks to plentiful hydrocarbon revenues. We are forecasting reserves ending... 2008-04-07

At some point in the next decade diamond production is expected to peak. To prepare for that day, a debate is underway seeking a framework that can fairly balance current pressing... 2008-04-07