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Nairobi, March 2 - 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
Asia extended the global rally in stocks on Tuesday as a
halt in a recent bond markets sell-off eased investor nerves
and lifted riskier assets, although oil prices were on the
defensive on fears of slowing Chinese energy
consumption. MKTS/GLOB
WORLD OIL PRICES
When the world economy slammed on the brakes last year,
there was a rush to store a wave of unwanted crude and
products, but rising prices and optimism about demand is
spurring a swift unwinding of storage contracts. O/R
EMERGING MARKETS
For the top emerging markets news, double click on
STOCKS
For the latest news on African stocks, click on .J
SOUTH AFRICA MARKETS
South Africa's rand recovered on Monday from the
previous session's four-week low against the U.S. dollar as
global bond markets calmed after last week's
sell-off. AFRICA BANKS
South Africa's Standard Bank SBKJ.J has hired an
independent environmental and social advisor to help assess
its involvement in Total's TOTF.PA East African Crude Oil
Pipeline that environmental groups have opposed, it said on
Monday. MARKETS
Kenya's shilling KES= was stable on Monday mainly due
to subdued demand for dollars, traders said. L5N2KZ184
ZIMBABWE POLITICS
Zimbabwe Vice President Kembo Mohadi resigned on Monday
saying this was meant to save the image of the government
following local media reports he had engaged in improper
conduct. EBOLA
GOMA, Democratic Republic of Congo, March 1 (Reuters) -
Three new cases of Ebola have been confirmed in eastern
Democratic Republic of Congo, bringing to 11 the number of
cases since authorities declared a resurgence of the virus
last month. COVID VACCINES
The new chief of the World Trade Organization (WTO)
urged its member states on Monday to work with
pharmaceutical companies to license more COVID-19 vaccine
manufacturing in developing countries in order to triple
global production. TESTING
For much of last year, the coronavirus crept,
undetected, across eastern Democratic Republic of
Congo. POLITICS
Authorities in Niger have brought eight charges against
opposition leader Hama Amadou, including participation in an
organization seeking to overthrow a democratic regime, one
of his lawyers said on Monday. For 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