We have increased our 2021 GDP growth expectation by 1.7% to 8.9%. We expect the Bank of Botswana (BoB) to maintain interest rates at current levels in the medium term. We expect inflation ...
Market Review The DCI was up 4.0% for the quarter on a total return basis. The largest gainers for the quarter were Letshego (40.9%), StanChart (32.3%) and Seedco (22.7%) on a total return basis. ...
Market Review The FABI returned 0.5% for the quarter as interest income more than compensated for capital losses. Both Government and Corporate bonds registered positive returns for the quarter, returning 0.4% and 1.3% ...
Market Review The FABI generated a negative quarterly return, with the index declining by 0.3% for the quarter. Government bonds were the main reason for the decline, registering a return of ...
Market Review The DCI was down 4.4% for the quarter on a total return basis. The largest losers for the quarter were Turnstar (-20.8%), Absa (-18.4%) and Sechaba (-15.7%) on a ...
Dear Colleagues, Clients,and Friends of Kgori Capital, I hope our third quarter 2020 Kgori Capital Insights find you and your loved ones well as the year continues to wind towards ...
Market Review The FABI returned 1.1% for the quarter mostly driven by interest payments. The Government bond yield curve steepened with the spread between the BW013 (shortest dated Government bond) and ...
Market Review The DCI was down 1.2% for the quarter on a total return basis as negative sentiment continued to push stocks lower. On a total return basis, the largest losers ...
Market Review The COVID-19 pandemic continued to dominate global headlines inthe third quarter (Q3) of 2020, with many countries battling a secondwave of infections amid the ongoing re-opening of economies. Q3 2020...
Local bonds (FABI) bucked the trend of the global market sell-off, returning 1.4% for the quarter.We also saw the Government Bond par yield curve shift downwards on increased demand. Theyield ...