NAIROBI, Feb 2 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Tuesday.
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GLOBAL MARKETS
Asian stock markets extended gains on Tuesday on increased optimism about
stimulus packages and global economic recovery, while retail investors
retreated from GameStop and their new-found interest in silver. MKTS/GLOB
WORLD OIL PRICES
Oil prices rose around 1% on Tuesday after major producers showed they were
cutting crude output in line with their commitments on restraint, supporting a
market thrown out of kilter by weak demand during the coronavirus
pandemic. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
The South African rand firmed on Monday, adding to gains at the end of last
week as yield-seeking investors made tentative bets on the volatile currency,
while stocks moved up. MARKETS
The Nigerian naira fell to a record intra-day low of 415.95 per dollar on the
spot market on Monday after easing on the derivatives market, traders
said. GAS
London-listed Nigerian energy company Seplat SEPL.L SEPLAT.LG raised $260
million in debt to finish fundraising for a gas processing plant in Imo state,
it said in a statement on Monday. MARKETS
Kenya's shilling KES= was steady on Monday, with remittances and dollar
inflows from non-governmental organisations matching demand from importers in
the energy sector, traders said. POLITICS
Ugandan opposition leader Bobi Wine filed a supreme court challenge on Monday
seeking cancellation of the results of a presidential election that handed
victory to incumbent Yoweri Museveni, his party's lawyer said. DEBT
Ethiopia's request for debt relief in recent days is likely to put other poor
countries also eligible for the G20's Debt Service Suspension Initiative (DSSI)
under bond market pressure, Morgan Stanley analysts said on
Monday. TELECOMS
Ethiopia has extended the deadline for telecom firms to bid for new operating
licences by a month to April 5, the sector regulator said on Monday, citing
requests from interested companies. CENTRAL BANK RATE
Ghana's central bank on Monday kept its main interest rate unchanged at 14.5%,
Governor Ernest Addison said in a statement. COAST COCOA
Cocoa arrivals at ports in top grower Ivory Coast reached 1.321 million tonnes
between Oct. 1 and Jan 31, exporters estimated on Monday, down 6.4% from 1.412
million tonnes over the same period last season. ECONOMY
Botswana will increase its value-added tax for the first time in 10 years to
boost revenue after the COVID-19 pandemic hurt its key mining and tourism
sectors, Finance Minister Thapelo Matsheka said on Monday. MINING
A Zambian court on Monday dismissed a motion by miner Vedanta Resources'
VDAN.NS seeking to stop a state-appointed provisional liquidator from
splitting up its Konkola Copper Mines (KCM) unit and selling the
assets. the latest precious metals report click on GOL/
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