NAIROBI, Dec 6 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Friday.
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GLOBAL MARKETS
Asian stocks gained on Friday as investors took heart from
U.S. President Donald Trump saying trade talks with China
were "moving right along", and U.S. oil prices sat near
2-1/2-month highs after OPEC and other producers agreed to
cut output. MKTS/GLOB
WORLD OIL PRICES
Oil slipped in early Asian trade on Friday, with U.S. crude
moving further away from a two-month high after OPEC agreed
to increase output curbs in early 2020 but failed to promise
further steps after March. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand was weaker on Thursday on lingering
economic weakness highlighted by the country's current
account deficit and business confidence data. KENYA MARKETS
The Kenyan shilling KES= strengthened on Thursday,
underpinned by tightening liquidity in the local money
market and inflows from remittances by Kenyans working
abroad. KENYA TELECOMS
Kenya's leading telecoms operator Safaricom SCOM.NR said
on Thursday it was testing a new mobile savings service,
seeking to broaden its successful M-Pesa mobile money
platform.
NIGERIA BUDGET
Nigeria's parliament passed a record 10.59 trillion naira
($35 billion) budget for 2020 on Thursday, paving the way
for a likely return to the international debt market next
year as the country struggles to shake off the impact of a
recession. IVORY COAST COCOA
Ivorian cocoa farmers have grown more concerned about the
2019/20 main crop as diseases known as black pod and swollen
shoot spread in cocoa plantations, farmers and exporters
told Reuters on Thursday. UGANDA DEBT
Uganda plans to borrow 600 million euros ($661 million) from
international banks to plug a hole in its 2019/2020 budget
after domestic revenue collections fell short by 9%, amid
delays in implementation of some planned tax-generating
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