NAIROBI, Feb 26 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Friday.
- - - - -
EVENTS:
KENYA - The statistics office is due to release consumer
price inflation data for February.
UGANDA - The statistics office is due to release consumer
price inflation data for February.
GLOBAL MARKETS
Asian stocks skidded to one-month lows on Friday as a rout
in global bond markets sent yields flying and spooked
investors amid fears the heavy losses suffered could trigger
distressed selling in other assets. MKTS/GLOB
WORLD OIL PRICES
Oil prices fell on Friday as a collapse in bond prices led
to gains in the U.S. dollar and expectations grew that with
oil prices back above pre-pandemic levels, more supply is
likely to come back to the market. O/R
EMERGING MARKETS
For the top emerging markets news, double click on
STOCKS
For the latest news on African stocks, click on .J
SOUTH AFRICA MARKETS
South Africa's rand fell on Thursday, giving up the previous
session's gains when Finance Minister Tito Mboweni's budget
speech reassured some investors the country could avoid a
full-scale fiscal crisis. MARKETS
Kenya's shilling KES= was little changed on Thursday,
though end-of-month dollar demand across all sectors was
expected to create weakening pressure, traders said.
VACCINE
Kenya's first batch of COVID-19 vaccines will arrive in the
first week of March, the presidency said on Thursday, with
healthcare workers, frontline workers and vulnerable
population groups to be given priority. OIL
Nigeria is losing 200,000 barrels of crude oil a day because
of theft and vandalism, the head of the state oil company
said, underscoring how insecurity is causing vast financial
losses for the West African country. OIL
Uganda said on Thursday the construction of a $3.5 billion
oil pipeline with France's Total TOTF.PA due to run
through neighbouring Tanzania was expected to begin
shortly. ETHIOPIA CONFLICT
Eritrean soldiers killed hundreds of civilians in Ethiopia's
ancient town of Axum between Nov. 28 and 29, rights group
Amnesty International said on Friday, one of several mass
killings reported during a conflict that erupted nearly four
months ago in the northern region of Tigray. AFRICA VACCINES
The African Union is backing calls for drugmakers to waive
some intellectual property rights on COVID-19 medicines and
vaccines to speed up their rollout to poor countries, the
head of its disease control body said on
Thursday. COFFEE
Uganda's coffee exports declined 4.9% in January from the
same month last year on account of low arabica yields, the
state-run regulator Uganda coffee development Authority
(UCDA) said. For the latest precious metals report click on GOL/
For the latest base metals report click on MET/L
For the latest crude oil report click on O/L