Articles

Having included a broader range of trade data into our forecasts - which affected our view of key MEA IT markets from an Industry Rewards perspective - we now factor the latest year-end 2016 macroeconomic data into our Risk/Reward Index (RRI). This has affected several countries, to varying degrees, but the overall IT score is only slightly

South Korea's presidential election will result in a shift in energy policy with a greater emphasis on renewables at the expense of coal and nuclear power. The pharmaceuticals and healthcare sector will receive greater support, driven by the need to cater to an ageing population, while the ICT sector stands to benefit from greater R&D spending, as

The US will be the global outperformer in terms of solar capacity additions over the coming decade due to favourable support mechanisms for the sector, comprising almost a third of the global total between 2016 and 2026. Asia will remain the largest regional solar market globally, with China and India being notable outperformers in terms of

Advances in technology that enable geothermal energy to be produced from magma would boost Iceland's geothermal industry significantly and open up resources for exploitation. A substantial ramp-up in domestic geothermal capacity would likely reinvigorate Iceland's plan to export excess power generation to the UK; however, we believe ongoing Brexit

We do not expect that the proposed legislation easing mergers will lead to immediate consolidation in Panama's mobile market as the four players currently present are aware of the market's strong opportunities. It will require an exceptionally good offer and worsening situations in other parts of their footprint for an operator to decide to sell.

On April 17, a Brazilian court ordered Brazilian national oil company (NOC) Petrobras to suspend its sale of a 66.0% stake of the BM-S-8 deepwater license in the Carcara exploratory block to Statoil. Originally announced in July 2016, the USD2.5bn transaction has been suspended on the grounds that the NOC did not conduct the required open bidding

Flipkart's acquisition of eBay India highlights two key aspects of doing business in the country's fast-growing but highly challenging e-commerce market. Firstly, returns on investment will be elusive, even in the long-term, due to the low-value capital-intensive nature of the Indian market. Secondly, consolidation in the short term will not starve

Our Africa team expects the Kenyan economy to grow by 5.7% in 2014, with growth forecast to average more than 6% thereafter over the forecast period to 2023. We expect this outlook to drive growth in the food and drink sector, where Kenya has a number of very well-established companies, none more so than East African Breweries (EABL) - a unit of

Several sectors in the Middle East and North Africa region are set for particularly impressive growth, despite generally slower economic activity in the region over the next decade compared to the last. A survey of our industry research heads highlighted six hotspots including: UAE infrastructure and pharmaceuticals & healthcare, Iran luxury retail

The March 30 cabinet reshuffle, which saw former Finance Minister Pravin Gordhan replaced with Malusi Gigaba, suggests substantial risks to the fiscal outlook in South Africa. Zuma's decision to put a political ally in the role of finance minister could augur a significant ramp-up in wages and other social transfers, a decision to move forward on a