NAIROBI, Sept 2 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Monday.
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GLOBAL MARKETS
Asian share markets got off to a quiet start on Monday as
investors braced for a data-packed week culminating in a U.S.
jobs report that could decide whether a rate cut expected
this month will be regular or
super-sized.
WORLD OIL PRICES
Oil prices extended losses on Monday with investors weighing
higher OPEC+ production from October against a sharp drop in
output from Libya amid sluggish demand in China and the U.S.,
the world's two biggest oil consumers.
EMERGING MARKETS
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AFRICA STOCKS
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SOUTH AFRICA MARKETS
South Africa's rand was stable on Friday against a buoyant
dollar, after the local unit hit a fresh 13-month high
earlier in the day supported by improved investor sentiment
on signs the domestic economy is starting to gain
momentum.
NIGERIA PETROLEUM
Nigeria's state-oil firm NNPC on Sunday said it is facing
financial strain making it unable to import petrol into
Africa's most populous nation, that has seen weeks-long fuel
scarcity across its retail stations.
KENYA MARKETS
The Kenyan shilling was unchanged on Friday, with
little market activity, traders said.
KENYA INFLATION
Kenya's inflation edged up to 4.4% year-on-year
in August from 4.3% in July, data from the statistics office
showed on Friday.
CHINA AFRICA SUMMIT
China will urge a summit of 50 African nations in Beijing
this week to take more of its goods, before Western curbs
kick in on its exports such as electric vehicles and solar
panels, in exchange for more pledges of loans and
investment.
DEMOCRATIC REPUBLIC OF CONGO GOLD
Democratic Republic of Congo is looking for new buyers of
gold from its eastern territories after taking full control
of Primera Gold which had an exclusive contract to buy and
sell gold mined in the east, the company's head
said.
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