NAIROBI, Dec 22 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.
GLOBAL MARKETS
Asian shares slipped on Tuesday, extending a pullback from multi-year highs hit last week on renewed fears a highly infectious new strain of COVID-19 that shut down much of Britain could lead to a slower global economic recovery.
WORLD OIL PRICES
Oil prices fell on Tuesday, extending sharp losses overnight, as the rapid spread of a new strain of the novel coronavirus in the United Kingdom prompted several countries to close their borders to British travellers and freight.
SOUTH AFRICA MARKETS
South Africa's rand plunged on Monday, snapping a five-session winning streak, as concerns about a new, fast-spreading strain of the coronavirus saw some countries ban flights to and from the country.
MARKETS
The Kenyan shilling (KES=) was stable on Monday with low demand for the dollar as companies were closing for the holidays, traders said.
HEALTHCARE
Doctors employed in Kenya's public hospitals went on strike on Monday, saying the government is risking their lives by forcing them to treat COVID-19 patients without adequate protection and not insuring them for treatment if they fall ill.
MARKETS
Dangote Cement (DANGCEM.LG) will buy back 85.2 million shares on the Lagos bourse on Dec 30 to return cash to shareholders and aims to repurchase 10% of its entire share capital in tranches, Nigeria's biggest listed firm said on Monday.
AFRICAN REPUBLIC ELECTION
Rwanda and Russia have sent troops and supplies to the Central African Republic to help counter a surge in violence by rebel groups ahead of Sunday's election, officials and a security source in Bangui said.
REPUBLIC MINING
Australian miner Sundance Resources (SDL.AX) said on Monday that it had initiated an arbitration process against Congo Republic for damages of $8.76 billion after the Congolese government revoked its permit for the Nabeba iron ore project.
COASTS COCOA
Well-above average rains mixed with sunny spells across most of Ivory Coast's cocoa regions should improve the quality and the size of beans in February and March, farmers said on Monday.