NAIROBI, June 18 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Tuesday.
- - - - -
EVENTS:
*UGANDA - The central bank announces the latest decision on its
key lending rate.
GLOBAL MARKETS
Investor caution ahead of the Federal Reserve's interest rate
meeting capped Asian stocks on Tuesday, while crude oil prices
retreated as global growth worries overshadowed supply concerns
stemming from recent Middle East tensions. MKTS/GLOB
WORLD OIL PRICES
Oil prices were falling for a second day on Tuesday, after more
signs that global economic growth is being hit by U.S.-China
trade tensions, although losses were limited amid tensions in the
Middle East after tanker attacks last week. O/R
EMERGING MARKETS
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KENYA MARKETS
The Kenyan shilling KES= weakened against the dollar on Monday
due to excess liquidity in the money markets and dollar demand
from oil and merchandise importers, traders said. BANKING
Kenya's parliament will block an attempt to repeal a cap on
commercial lending rates, the lawmaker who sponsored the law
imposing the cap said on Monday. AFRICA LISTING
Airtel Africa Ltd, a unit of India's Bharti Airtel Ltd BRTI.NS ,
on Monday set a price range of 80 to 100 pence per share for its
planned initial public offering on the London Stock
Exchange. TELECOMS
Ethiopia will split its state telecoms provider into two
businesses before it is privatised, state-affiliated media
reported on Monday, a key part of government's plan to open up
one of the world's last major closed telecoms
markets. MINING
Zambia's Mopani Copper Mines (MCM) has shut down its Mufulira
smelter for major refurbishment, the Glencore-owned company said
on Monday. the latest precious metals report click on GOL/
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