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NAIROBI, June 15 - The following company announcements, scheduled economic indicators, debt
and currency market moves and political events may affect African markets on June 15.
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GLOBAL MARKETS
Asian shares stumbled on Monday and oil prices slipped
as fears of a second wave of coronavirus infections in
Beijing sent investors scurrying for safe-havens while
underwhelming data from China further weighed on
sentiment. MKTS/GLOB
WORLD OIL PRICES
Oil fell more than 2% on Monday, extending losses from
last week, as new coronavirus infections hit China and the
United States, raising the prospect that renewed outbreaks
of the virus could weigh on the recovery of fuel
demand. O/R
EMERGING MARKETS
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STOCKS
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SOUTH AFRICA MARKETS
The South African rand recovered slightly on Friday as
investors returned to riskier assets following a steep
selloff a day earlier. NIGERIA ECONOMY
Nigeria's current daily oil production overcomplies with
its promised cuts under an OPEC+ agreement, the head of the
state oil company said on Friday. KENYA MARKETS
The Kenyan shilling KES= was biased toward the
stronger side on Friday on the back of inflows from
Diaspora remittances, traders said. L8N2DP2DM
The Kenyan central bank's Monetary Policy Committee will
hold its next rate-setting meeting on June 25, rather than
the previously communicated date of June 30, it said on
Friday. L8N2DP404
AFRICA TELECOMS
Orange ORAN.PA, France's largest telecom operator,
believes it would benefit from having a wider footprint in
Africa and will give itself a few months to make a possible
move, Chief Executive Stephane Richard told Les Echos
business newspaper. ZAMBIA DEBT
Zambia has asked the Paris Club of creditor nations to
let it suspend principal and interest payments on debts to
all its official creditors from May to the end of December,
the Finance Ministry said on Sunday. AFRICA CORONAVIRUS
Ghana's health minister Kwaku Agyeman Manu is in a
stable condition after contracting the new coronavirus,
President Nana Akufo-Addo said on Sunday. 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