Lumen Technologies hires Sean Alexander as head of Connected Ecosystems
The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Monday.
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GLOBAL MARKETS
A broad gauge of Asian share markets rose to the highest in
18 months on Monday as Chinese equities gained, while oil
hovered near three-month highs on a combination of U.S.
crude inventory drawdowns, trade optimism and unrest in the
Middle East. MKTS/GLOB
WORLD OIL PRICES
Oil prices hovered around three-month highs on Monday
following a higher-than-expected crude inventory drawdown
and optimism over an expected U.S-China trade deal, while
traders kept a close eye on Middle East
unrest. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand rose to a new five-month high on Friday
as investors globally looked to take on risk, targetting
emerging markets for their higher yields. MARKETS
The Kenyan shilling KES= was firm on Friday and was
forecast to remain stable supported by dollar supply from
remittances amid slow market activity, traders
said. AFRICA ECONOMY
Ghana's government said it is determined to join a West
African currency that will replace the France-backed CFA
franc as soon as next year in eight regional countries, but
it urged members of the currency union to ditch a planned
peg to the euro. RHINO
A rhino believed to the world's oldest has died at the age
of 57 in a Tanzanian conservation area, authorities
said. BLAST
A Turkish military cargo plane landed in the Somali capital
on Sunday to evacuate people badly wounded in a devastating
truck bombing that killed at least 90 people including two
Turkish nationals. BISSAU ELECTION
Guinea-Bissau began counting ballots on Sunday after a calm
day of voting in a run-off presidential election between two
former prime ministers who both promise to bring stability
to the turbulent West African nation. the latest precious metals report click on GOL/
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