African Markets - Factors to watch on January 14

The following company announcements, scheduled economic indicators, debt and currency market

moves and political events may affect African markets on Tuesday.

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GLOBAL MARKETS

Asian shares hit a 7-month high, China's yuan jumped and

safe-harbour assets slipped on Tuesday, amid signs of

goodwill between China and the United States, as the world's

two biggest economies prepared to sign a truce in their

trade war. MKTS/GLOB

WORLD OIL PRICES

Oil prices edged higher on Tuesday as investors focused on

the signing of a preliminary trade deal between the United

States and China, the world's top oil consumers, and on

expectations of a drawdown in U.S. crude oil

inventories. O/R

EMERGING MARKETS

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STOCKS

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SOUTH AFRICA MARKETS

South Africa's rand weakened against the dollar on Monday

ahead of a central bank meeting later in the week and key

economic data that investors will use to gauge how the

economy is performing. MARKETS

The Kenyan shilling KES= was stable against the dollar on

Monday supported by inflows from non-governmental

organizations and offshore investors buying government debt,

traders said. BONDS

Kenya's first green bond was listed for trading on the

Nairobi Securities Exchange on Monday, offering investors

the chance to put money into an environmentally-friendly

fixed income security for the first time in the bourse's 65

year history. OIL

Trading in shares of Nigerian oil company Lekoil was

suspended on the London Stock Exchange on Monday when the

company said it had discovered that an announced $184

million loan agreement with the Qatar Investment Authority

was fraudulent.

CENTRAL BANK

Nigeria's central bank has rescheduled its first monetary

policy committee meeting of 2020 to Jan. 23 and 24, it said

in a tweet on Monday.

ECONOMY

Zimbabwe's finance minister maintained on Monday that the

country's economy would grow 3% this year despite poor rains

that have hurt some crops and persistent power cuts that

have hit mines and industry. AFRICA SECURITY

France and five West African states agreed on Monday to

combine their military forces under one command structure to

fight a growing Islamist militancy in the Sahel region, with

Paris committing an extra 220 troops. 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