Ghana Key Analysis

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Will Ghana Seek External Assistance?

Macroeconomic stability is under threat in Ghana, due to the twin deficits on the fiscal account and current account. The government will seek some form of external assistance, the most likely option...

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Desperate Times, Desperate Measures

The 200bps rate hike and new rules for foreign exchange will have a negative impact on real GDP growth in Ghana. We are unconvinced that the moves will arrest the decline of the cedi, but we do...

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Regional Equity Strategy

A number of African equity markets are poised for further losses as US tapering causes money to be pulled out - the Johannesburg All-Share Index looks weak, especially technically. We are removing...

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