The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Thursday.
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GLOBAL MARKETS
Chinese shares rose on Thursday during the first trading
session after the week-long Lunar New Year holiday amid
renewed optimism for an acceleration in global growth, but
other Asian markets were hit by profit-taking. MKTS/GLOB
WORLD OIL PRICES
Oil prices rose as much as a dollar on Thursday, extending
this week's gains and hitting 13-month highs, as a cold snap
sweeping Texas and surrounding regions shut at least a fifth
of U.S. refining output and a million barrels of crude
production. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand weakened on Wednesday, extending losses
for a second day, as global risk demand diminished and some
investors took profits on the local currency's recent
rally. MARKETS
Unidentified gunmen killed a student in an overnight attack
on a boarding school in the north-central Nigerian state of
Niger on Wednesday and kidnapped 42 people including 27
students, the state governor said. MARKETS
The Kenyan shilling KES= weakened on Wednesday on the back
of a surge in appetite for dollars from cooperates across
different sectors including energy, traders
said. POLITICS
Ugandan military and police officers beat and seriously
injured journalists on Wednesday as they covered the
delivery of a petition about human rights violations to a
United Nations office, a rights group said. POLITICS
Paul Rusesabagina, the hotelier depicted as a hero in a
Hollywood film about Rwanda's 1994 genocide, was charged
with terrorism-related offences in a Kigali court on
Wednesday at the start of a trial that has drawn
international scrutiny. ETHIOPIA
Sudan has summoned its ambassador to Ethiopia for
consultations over the latest developments in the ties
between both countries, a spokesman for the Sudanese foreign
ministry told Reuters on Wednesday. RATES
Zambia's central bank raised lending rates by 50 basis
points to 8.5% on Wednesday, saying it was ready to tighten
further to tame rising consumer inflation driven by
"cost-push" pressures and a sharp deprecation in the
currency. CORONAVIRUS
Namibia will push ahead with the roll-out of the AstraZeneca (NASDAQ:AZN)
AZN.L vaccine despite neighbouring South Africa halting
distribution after concerns over its effectiveness against a
new variant, the government said on Wednesday. RATES
Namibia's central bank left its benchmark lending rate
unchanged at 3.75% on Wednesday, saying the current level
was appropriate to support economic activity while
safeguarding the one-to-one link between the Namibia dollar
and the South African rand. CORONAVIRUS
A senior Tanzanian politician died of COVID-19 on Wednesday,
his party said, adding to concern about a hidden epidemic
running rampant in a country that insists it has no local
transmission of the disease. TANZANIA
The National Bank of Malawi (NBM), the country's largest by
market capitalization and assets, has acquired a 51% stake
in Tanzania's Akiba Commercial Bank plc (ACB) in a deal
worth $7.31 million, the Malawian lender bank said on
Wednesday. CORONAVIRUS
Senegal received its first delivery on Wednesday of COVID-19
vaccines, which it purchased from China's
Sinopharm. MONOLITH
The latest in a series of mystery monoliths to capture the
imagination of science-fiction fans around the world met a
fiery end in the Democratic Republic of Congo on Wednesday
when it was torched at a roundabout in the
capital. CYCLONE
A tropical storm likely to intensify into a cyclone is
approaching Mozambique, South Africa's Weather Services
(SAWS) said on Wednesday, battering an area hit by cyclone
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