NAIROBI, July 28 (Reuters) - 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
Gold hurtled to record peaks on Tuesday before the sheer
scale of its gains drew a burst of profit taking, which
lifted the dollar from two-year lows and curbed early equity
gains. MKTS/GLOB
WORLD OIL PRICES
Oil prices rose for a third straight day on Tuesday, buoyed
by support for demand coming from efforts to stimulate the
U.S. economy's recovery from the coronavirus crisis and a
weakening of the dollar that makes crude cheaper for global
buyers. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand rallied more than 1% on Monday in a broad
emerging market advance spurred by a sliding dollar as
increasing U.S. coronavirus infections stalled demand for the
reserve currency. DANGOTE CEMENT
Nigeria's biggest listed company Dangote Cement DANGCEM.LG
is considering an open tender for a share buyback to return
cash to shareholders and is deciding on the size of the
programme, its chief executive said on Monday. MARKETS
The Kenyan shilling KES= was stable on Monday but was
forecast to weaken due to end-month dollar demand from oil
and merchandise importers, traders said. CORONAVIRUS MEASURES
Kenya's President Uhuru Kenyatta extended a nightly curfew on
Monday for 30 days to curb the spread of COVID-19 and banned
alcohol sales in restaurants but stopped short of locking
down the country again despite a surge in cases. CENTRAL BANK
Ghana's central bank on Monday left its policy rate at 14.5%,
citing a need for macro-economic stability despite a slowdown
brought on by the coronavirus pandemic. POLITICS
Tanzanian's opposition leader and potential presidential
candidate Tundu Lissu arrived home on Monday from Belgium
where he took exile and underwent treatment after being shot
three years ago. POLITICS
Zimbabwe's ruling ZANU-PF party on Monday called the United
States ambassador a "thug" and accused him of funding the
opposition ahead of this week's planned anti-government
protests that authorities say are meant to overthrow the
government. CHOPPIES SHARES
Trading in shares of budget retailer Choppies CHOPP.BT
resumed on the Botswana Stock Exchange (BSE) on Monday after
a 20-month suspension following the company's failure to
publish its financial results. the latest precious metals report click on GOL/
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