September 22, 2017 / 5:19 AM / in a month

African Markets - Factors to watch on Sep 22

    NAIROBI, Sept 22 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Friday.
    - - - - -
 GLOBAL MARKETS
 Asian stocks fell and the Japanese yen and Swiss franc
 gained on the mooted possibility of North Korea conducting
 another hydrogen bomb test, this time in the Pacific
 Ocean.                       
 
 WORLD OIL PRICES
 Oil prices were mixed in early Asian trade on Friday as the
 market waited to see whether major oil producers would
 extend supply cuts beyond March at a meeting in Vienna later
 in the day.                 
 
 EMERGING MARKETS
 For the top emerging markets news, double click on
            
 
 AFRICA STOCKS
 For the latest news on African stocks, click on     
 
 SOUTH AFRICA MARKETS
 South Africa's rand reversed mild losses against the dollar
 on Thursday after the central bank kept its benchmark repo
 rate at 6.75 percent, defying expectations of a 25-basis
 point cut.            
 
 SOUTH AFRICA ECONOMY
 South Africa's central bank kept its benchmark repo rate at
 6.75 percent on Thursday, defying expectations of a cut
 based on easing inflation pressures and a sluggish recovery
 from a recession in the first half of the year.            
 
 SOUTH AFRICA POLITICS
 African National Congress (ANC) MP Makhosi Khoza, a strident
 critic of scandal-plagued President Jacob Zuma, quit South
 Africa's ruling party on Thursday, labelling Nelson
 Mandela's 105-year-old liberation movement "alien and
 corrupt".            
 
 SOUTH AFRICA FINANCE
 South Africa's central bank is concerned about "regrettable"
 practices at auditor KPMG KPMG.UL, its governor said, as the
 company's chairman held a meeting with a former finance
 minister it had tarnished in a report it later said was
 flawed.              
 
 NIGERIA ECONOMY
 Nigeria's central bank sold 207 billion naira in treasuries
 on Thursday to mop up liquidity, a day after it raised more
 money than planned via a debt auction as it moved to keep
 borrowing costs high to support the currency, traders
 said.                 
 
 KENYA POLITICS
 Kenya's President Uhuru Kenyatta said on Thursday the
 country's Supreme Court staged a "coup" against the will of
 the people when it annulled his win in last month's
 presidential election, his toughest rhetoric yet in the wake
 of the Aug. 8 vote.              
 
 KENYA AVIATION
 Kenya Airways KQNA.NR has started talks with the government,
 seeking its help in coping with competition from foreign
 carriers operating flights to its Nairobi hub, its chairman
 said on Thursday.            
 
 GHANA ECONOMY
 The Bank of Ghana will cut its prime lending rate on Monday
 to ease pressure on the hard pressed economy following a
 gruelling three-year International Monetary Fund credit
 programme, a Reuters poll found.            
 
 CAMEROON POLITICS
 An improvised bomb wounded three policemen in the main city
 of Cameroon's minority English-speaking region on Thursday,
 the regional governor said, in an attack a senior security
 source blamed on separatist militants.              
 
 UGANDA POLITICS
 Ugandan authorities postponed a bill to extend leader Yoweri
 Museveni's rule after protesters took to the streets against
 it on Thursday, confronting police who fired
 teargas.            
 
 GUINEA POLITICS
 Hundreds of rioters in the Guinean bauxite mining town of
 Boke burned down a police and a gendarmerie building on
 Thursday and clashed with security forces wielding batons,
 leaving 17 people injured, the local Red Cross
 said.            
 
 SOMALIA POLITICS
 Somalia's government rebuked its three semi-autonomous
 regions on Thursday for cutting ties with Qatar, saying it
 was determined to stay neutral in the Gulf nation's dispute
 with other Arab states.            
 
 SOUTH SUDAN POLITICS
 Residents of South Sudan's capital say they are collecting
 cash to pay police unofficially to patrol their
 neighbourhoods, amid a crime wave and a cash crunch that
 means authorities often cannot pay their wages.            
 
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