The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Friday.
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GLOBAL MARKETS
Asian stocks were subdued on Friday ahead of key Chinese
data that could provide more clues on how heavily the
U.S.-Sino trade war is weighing on the economy, while oil
prices were supported by supply concerns after attacks on
tankers in the Gulf of Oman. MKTS/GLOB
WORLD OIL PRICES
Oil rose for a second day on Friday, extending sharp gains
following attacks on two oil tankers in the Gulf of Oman
that stoked concerns of reduced crude flows through one of
the world's key shipping routes. O/R
EMERGING MARKETS
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STOCKS
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SOUTH AFRICA MARKETS
South Africa's rand inched lower late on Thursday, as
investors assessed local political developments ahead of
local inflation numbers next week and a decision on U.S.
interest rates. MARKETS
The Kenyan shilling KES= weakened against the dollar on
Thursday due to a spike in dollar demand from oil and
merchandise importers, traders said. BUDGET
Kenya will more than double its capital gains tax rate to
12.5% from 5% to bring it in line with international
standards, Finance Minister Henry Rotich said in budget
proposals to parliament on Thursday. HEALTH
Authorities repatriated the relatives of two people who died
of Ebola in Uganda back to the Democratic Republic of Congo
on Thursday, including a 3-year-old boy confirmed to be
suffering from the disease, the Ugandan health minister
said. GAS
A firm incorporated in the British Virgin Islands will ask a
British court on Friday for the right to seize up to $9
billion of Nigerian government assets - some 20% of the
oil-rich nation's foreign reserves - over an aborted gas
project. TELECOMS
Ethiopia passed a bill outlining the scope of a regulator
for the telecoms sector, a key milestone towards attracting
outside investment, lawmaker Tesfaye Daba told Reuters on
Thursday. ECONOMY
The International Monetary Fund said its board had completed
the first review under Angola's extended arrangement and
approved a disbursement of $248.15 million, taking the total
of such payments to about $1.24 billion. MINING
Zambia will fine and break ties with mining firms that fail
to operate according to the southern African country's laws,
President Edgar Lungu said on Thursday, escalating a dispute
with India-listed Vedanta VDAN.NS . For the latest precious metals report click on GOL/
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