November 14, 2017 / 4:46 AM / in 6 days

African Markets - Factors to watch on Nov 14

    NAIROBI, Nov 14 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Tuesday.
    - - - - -
 GLOBAL MARKETS
    Asian stocks faltered on Tuesday as Chinese economic data
 disappointed and investors pondered whether a marked
 flattening in the U.S. yield curve might ultimately be a
 harbinger of a slowdown there.                          
 
 WORLD OIL PRICES
 Oil prices fell on Tuesday as the cautious sentiment of the
 past week prevailed, despite ongoing OPEC-led production
 cuts and Middle East tensions.                    
 
 EMERGING MARKETS
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 AFRICA STOCKS
 For the latest news on African stocks, click on     
 
 SOUTH AFRICA MARKETS
 South Africa's rand tumbled more than one percent and the
 risk premium on government bonds soared on Monday over news
 of a top Treasury official resignation, financial woes at
 the sole power utility and political jostling in the ruling
 party.             
 NIGERIA POLITICS
 President Muhammadu Buhari is to visit southeast Nigeria
 this week, his spokesman said on Monday, his first trip
 since taking office to a region formerly known as Biafra. 
     Calls for secession have become increasingly loud in the
 last few months in parts of the southeast, where the
 president is deeply unpopular, prompting Buhari to say he
 will not allow Nigeria to be divided by separatist groups
                 
 KENYA MARKETS
 The Kenyan shilling        gained slightly against the
 dollar on Monday amid a local currency liquidity tightness,
 traders said.                
 KENYA AVIATION
 Kenya's government converted some loans to Kenya Airways
           into equity, lifting its stake to nearly 50
 percent in an effort to return the carrier to profitability,
 the finance minister said on Monday.              
 GHANA CRUDE
 Ghana has opened talks with Exxon Mobil Corp         to
 allow the U.S. oil firm to undertake deepwater exploration
 off its coast, a deputy energy minister said on Monday.
                 
 IVORY COAST
 Ivory Coast plans to end illegal cocoa farming in national
 parks and protected forests within five years, the minister
 for water and forests, Alain Richard Donwahi said on Monday.
 
                 
 ZIMBABWE 
 Zimbabwe's top general warned on Monday that the military
 would not hesitate to step in to end purges against former
 liberation war fighters in President Robert Mugabe's ruling
 party after Emmerson Mnangagwa was stripped of his vice
 president's post.               
 
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($1 = 103.5000 Kenyan shillings)

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