BMI On The Ground In Nigeria And Ghana
Business Monitor’s Head of Africa Country Risk and Financial Markets Lisa Lewin shares her impressions after a recent trip to Nigeria and Ghana in late October.
Entries for the ‘retail’ Category
China In 2012: The Year Of The Hard Landing?
China’s economic growth story has rapidly turned from one underpinned by productivity gains to one engineered by inflationary policies, and the quality of growth has suffered considerably as a result. Several years of poor capital allocation will have to be unwound eventually, and with the global economy stuttering in the second half of 2011, Rahul… [Read more]
Brazil Set To Become A Global Tablet Computer Giant
Currently, the price of a tablet computer in Brazil is prohibitively expensive for most Brazilians. An Apple iPad 2 in the United States costs US$449, while the same device would cost a Brazilian consumer US$1,049. However, BMI believes this disparity will not exist much longer. The Brazilian government is eliminating a series of taxes on… [Read more]
Drug-Makers With Targeted Pipelines To Outperform
Multinational drug-makers often refer to their strong product pipeline and promises of innovation as a way of reassuring investors of their financial future. Nevertheless, confidence in the pharmaceutical stock prices has declined in recent years, mainly as a result of the imminent expiry of several product patents and the anticipated erosion of revenues by generic… [Read more]
US Restaurants Rally Strongly In 2010, But Is The Market Too Excited About Burritos?
Eating-out trends are a great way to gauge how confident the US consumer is. After taking a beating in 2009, a lot of people stayed away from their favourite casual dining spots as they tightened their belts and looked to save money. We also saw a pretty strong pickup in demand for cheaper fast food… [Read more]
Latin American Consumers: Key Sectors Worth Watching
Although many of the more promising consumer industries in Latin America are reasonably easy to identify (e.g. food & drink and retail stocks), there are several other consumer-related sectors that I think have massive growth potential over the medium term. The first is airlines. Business and leisure travel is set to boom over the coming years,… [Read more]
China: Growth Still Strong, But Caution Warranted
China’s 2010 real GDP growth figure came in at 10.3%, slightly exceeding BMI’s revised forecast of 10.2%. With no breakdown of the data available as of yet, I can only conclude that growth momentum ended 2010 on a stronger note than expected (by ourselves and the market). Data on retail sales, which rose by 19.1%… [Read more]