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
Global shares slid on Thursday as a fresh row between
Washington and Beijing over U.S. bills on Hong Kong could
complicate their trade negotiation and delay a "phase one"
deal that investors had initially hoped to be inked by
now. MKTS/GLOB
WORLD OIL PRICES
Oil prices retreated on Thursday after gaining more than 2%
in the previous session on bullish U.S. crude inventory
data, as a fresh spat over Hong Kong fuelled concerns of a
further delay in any U.S.-China trade deal. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand weakened on Wednesday, reflecting gains
by the dollar, while stocks tread water as worsening
U.S.-China relations fuelled demand, weakening demand for
riskier assets and weighing on world markets. OIL/DUBAI
Nigeria's former attorney general Mohammed Adoke has been
arrested in Dubai, his lawyer said, seven months after
Nigeria's anti-graft agency issued a warrant for his arrest
as part of an investigation into one of the oil industry's
biggest suspected corruption scandals. MARKETS
The Kenyan shilling KES= gained against the dollar on
Wednesday with dollar supply from diaspora remittances and
offshore investors buying stocks exceeding dollar demand
from merchandise importers, traders said. BUDGET
Kenya's Treasury has raised 66 billion shillings ($650.89
million) out of a target of 78 billion in dividends and
retained earnings from state corporations, the acting
finance minister said on Wednesday. MARKETS
The Ugandan shilling UGX= extended its stable trading on
Wednesday, drawing support from sluggish demand for hard
currency from players in the interbank market and typical
large importers like fuel firms and
manufacturers. SECURITY
Islamist militiamen killed at least 19 people overnight in
eastern Democratic Republic of Congo, stepping up attacks on
civilians in response to a military campaign against them in
border areas with Uganda, local officials said on
Wednesday. POLITICS
Members of Ethiopia's Sidama minority remembered loved ones
lost in their long struggle for autonomy as they voted on
Wednesday in a self-determination referendum that tests
Ethiopia's ability to manage ethnic demands after more than
a year of reforms. RIGHTS
A Tanzanian court on Wednesday postponed the hearing for the
eighth time of a prominent Tanzanian journalist arrested in
July in a case his lawyers and rights group say is
politically motivated. POLITICS
Zimbabwean police on Wednesday used batons, tear gas and
water cannon to beat up and disperse supporters of the main
opposition party who had gathered outside their party
headquarters in the capital to listen to a speech by their
leader. RATES
Zambia's central bank raised the country's benchmark lending
rate by 125 basis points to 11.5% on Wednesday, citing
rising consumer price inflation and the need to restore
macroeconomic stability. COAST COTTON
Ivory Coast's cotton output for the 2019/2020 season is
forecast to hit a record 510,000 tonnes, up from about
468,000 tonnes in the previous season, the cotton ginners'
association said on Wednesday. the latest precious metals report click on GOL/
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