NAIROBI, Sept 29 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.
EVENTS: *KENYA
The central bank to announce its latest benchmark lending rate decision.
GLOBAL MARKETS
Asian markets largely opened higher on Tuesday, building on newfound momentum after bargain hunters helped a recovery in U.S. markets in the wake of last week's selloff.
WORLD OIL PRICES
Oil prices fell on Tuesday as demand concerns driven by COVID-19 outweighed hopes that U.S. lawmakers and the White House were nearing an agreement on a new stimulus package to revive the world's biggest economy.
SOUTH AFRICA MARKETS
South Africa's rand firmed on Monday as positive economic data from China boosted risk-sentiment, and the country's shares posted their biggest gain in 50 days.
MARKETS
Nigerian stocks rose for the seventh straight session on Monday, closing up 0.72% at a new six-month high as oil and gas shares gained.
PETROLEUM LAW
Nigeria's long-awaited oil reform bill would take steps to privatise the Nigerian National Petroleum Company (NNPC), amend changes to deepwater royalties made late last year and create new regulatory bodies, a copy of the bill seen by Reuters showed.
MARKETS
The Kenyan shilling (KES=) was steady on Monday, and traders said they expected it to weaken due to increased importer dollar demand from companies in the energy, manufacturing sectors and general goods importers.
CORONAVIRUS RESTRICTIONS
Kenya's President Uhuru Kenyatta extended for two months on Monday a nationwide curfew intended to curb the coronavirus, but relaxed the starting time by two hours until 11 p.m.
CENTRAL BANK RATE DECISION
Ghana's central bank has kept its interest rate unchanged at 14.5% as it eyes recovery from a pandemic-induced economic slump, its governor Ernest Addison said on Monday.
MINING
Zambia should treat mineral royalty payments as a deductible expense in order to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday.