NAIROBI, Aug 30 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Friday.
- - - - -
EVENTS
*Kenya and Uganda to release their August consumer price
inflation data.
GLOBAL MARKETS
Asian shares jumped to a one-week high on Friday as the
United States and China returned to the negotiating table to
resolve their tariff dispute and on hopes central banks and
governments will do more to avert a global growth slowdown.
MKTS/GLOB
WORLD OIL PRICES
Oil took a breather on Friday after three days of solid
gains, but was set for its strongest week since early July,
boosted by a decline in U.S inventories and a looming
hurricane in Florida, while new signs of trade talks
emerged. O/R
EMERGING MARKETS
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AFRICA STOCKS
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SOUTH AFRICA MARKETS.
The South African rand firmed in afternoon trade on
Thursday, supported by an improvement in investors' risk
appetite, as talk of renewed U.S.-China trade negotiations
calmed investor nerves. KENYA MARKETS
The Kenyan shilling KES= weakened against the dollar on
Thursday due to end month dollar demand from the energy and
manufacturing sector, traders said. NIGERIA TELECOMMUNICATIONS
Nigeria's biggest telecoms firm MTN MTNN.LG has launched a
mobile money transfer service, targeting those without bank
accounts, and said on Thursday it plans to become a payment
services bank once it obtains approval from the central
bank.
UGANDA OIL
Tullow Oil's TLW.L plan to sell another stake in its
230,000 barrel per day project in Uganda to France's Total
TOTF.PA and China's CNOOC 0883.HK has been called off
due to a tax dispute with the Ugandan authorities, Tullow
said on Thursday. For the latest precious metals report click on GOL/
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