NAIROBI, Dec 10 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Tuesday.
- - - - -
EVENTS:
TANZANIA - Tanzania to release consumer inflation data for
November.
RWANDA - Rwanda to release consumer inflation data for
November
GLOBAL MARKETS
Asian equity markets ticked down on Tuesday, tracking Wall
Street losses as investors fretted over a Dec. 15 deadline
for the next round of U.S. tariffs on Chinese imports to
take effect. MKTS/GLOB
WORLD OIL PRICES
Oil prices dropped on Tuesday for a second straight session
as the cons of a slowing global demand outlook outweighed
the pros of OPEC's agreement with associated producers at
the end of last week to deepen crude output cuts in early
2020. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand weakened on Monday, pressed lower by
weak Chinese export data that dented risk appetite and a
fifth straight day of nationwide power cuts by utility Eskom
as heavy rains and flooding caused failures at multiple
power plants. MARKETS
The Kenyan shilling KES= firmed against the dollar on
Monday supported by tightening liquidity in the local money
market and inflows from diaspora remittances, traders
said. MARKETS
Uganda's central bank left its key lending rate UGCBIR=ECI
at 9.0% on Monday, its governor said, adding that economic
activity was moderating. AVIATION
Qatar Airways has agreed to take a 60% stake in a new $1.3
billion international airport in Rwanda, the state-run
Rwanda Development Board said on Twitter on Monday.
More than half of the value of Africa-focused Tullow Oil
TLW.L was wiped out on Monday as Chief Executive Officer
Paul McDade stepped down and the oil producer scrapped its
dividend after failing to meet production targets due to
weak performance by flagship assets in Ghana. RIGHTS
A senior United Nations official urged Ethiopia on Monday to
stop shutting off the internet without legal basis and
revise a draft law meant to curb hate speech to ensure it
protects freedom of speech. COAST COCOA
Mainly below average rains last week in most of Ivory
Coast's cocoa regions had farmers worried about the rising
heat, despite a good soil moisture content, farmers said on
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