

The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Tuesday.
- - - - -
EVENTS:
BOTSWANA - The central bank auctions its 14-day
certificate Treasury bills.
GLOBAL MARKETS
The euro hit a one-month high and Asian shares
climbed for a seventh consecutive day on Tuesday
while commodities rose and the dollar eased after
a deal on new debt targets for Greece and a
political agreement on disbursing the next
installment of aid.
WORLD OIL PRICES
Brent crude rose above $111 per barrel on Tuesday
as optimism coursed through financial markets
after Greece's international lenders reached a
deal on a new debt target, although worries about
a looming U.S. fiscal crisis kept a lid on gains.
EMERGING MARKETS
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SOUTH AFRICA CURRENCY, BONDS
The rand firmed against the dollar in a reversal
of oversold levels from the past few weeks,
underpinned by optimism that Athens would secure a
bailout deal to pay off its upcoming debt
obligations.
SOUTH AFRICA SHARES
South African stocks ended slightly lower on
Monday, as furniture retailer Steinhoff
traded ex-dividend and as banks extended losses
after a downbeat brokerage report.
NIGERIA OIL
Nigerian oil exports are set to fall to below 2
million barrels per day (bpd) in January and
delays on a key grade doubled to nearly a month,
indicating that supply problems in the leading
African producer are far from over.
NIGERIA SECURITY
A purported senior member of Islamist militant
group Boko Haram has distributed a letter
requesting talks with the government, a day after
a double suicide bombing blamed on the sect killed
at least 11 and wounded 30 in an army barracks.
* Gunmen attacked a police station in the Nigerian
capital, killing two.
KENYA MARKETS
The Kenyan shilling fell to a near-six
month-low against the dollar on Monday, subdued by
demand for dollars ahead of the holidays, while
the benchmark share index was almost flat.
KENYA TELECOMS
Kenya's telecoms regulator cut the rate mobile
phone operators charge each other for calls made
across networks by 35 percent, its director said,
warning firms against using the reduction to
undercut others by lowering tariffs steeply.
MAURITIUS RATES
The Mauritius central bank held its key repo rate
unchanged at 4.90 percent on Monday,
and said it expected its economy to perform better
in 2013 as economic conditions in its main trading
partner countries stabilised.
EASTERN DRC CRISIS
Rebels in the Democratic Republic of Congo
strengthened their positions around the eastern
city of Goma, defying regional calls for them to
leave by Monday even as their leader flew to
Uganda for talks.
SOUTH SUDAN OIL
Sudan has put a new obstacle in the way of
allowing its land-locked southern neighbour to
pipe its oil to the Red Sea, South Sudanese
President Salva Kiir said on Monday, dashing plans
to revive production after an 11-month break.
ZAMBIA ECONOMY
Government infrastructure spending should help
Zambia's economy grow faster over the next two
years, providing copper prices do not fall,
according to a Reuters poll.
MOZAMBIQUE MINING
Brazilian firm Odebrecht is eyeing $1 billion
annual revenue by 2020 in Mozambique, hoping to
benefit from being one of the few construction
groups operating in the emerging coal and gas hub.
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((Compiled by Nairobi Newsroom))
Keywords: AFRICA FACTORS/
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