Economy

BMI View: We forecast the Madagascan economy posting positive real GDP growth of 1.7% in 2011, after two years of contraction. However, downside risks are more significant than upside... 2011-06-23

BMI View: We hold to our forecasts for South Africa to see real GDP growth of 3.5% in 2011 and 4.0% in 2012. The recovery will continue to be driven by the consumer, and supported... 2011-06-22

BMI View: We forecast real GDP growth of 5.0% in 2011. This is partially due to a strong recovery for the tourism and textile industry, which both slumped in 2010.

BMI View: We forecast that Namibia's budget deficit will remain above 5.0% of GDP in fiscal year 2011/12. Much of this will be caused by the government's commitment to increase... 2011-06-21

BMI View: A cautious approach regarding interest rates is likely to be adopted at the Bank of Mauritius' next meeting in September. An anticipated slowdown in inflation, stable economic... 2011-06-17

BMI View: Angola should see strong growth in the coming years, thanks to rising oil production and elevated prices in international markets. The government has made some attempts... 2011-06-16

BMI View: The government has unexpectedly announced a plan to devote nearly a fifth of GDP towards job creation over the next three years. The programme is likely to create a large... 2011-06-08

BMI View: While our core scenario is for the incumbent president Rupiah Banda to emerge victorious following Zambia's 2011 presidential elections, there are indications that opposition... 2011-06-07

BMI View: We continue to expect robust expansion in Zambia's economy, due to significant improvements in the production of mining and agricultural goods. The consumer sector continues... 2011-06-06

BMI View: Bolstered by high oil prices, we expect the trade account surplus to widen. This will shore up the current account surplus, which is expected to reach 7.7% of GDP in 2011,... 2011-05-31