NAIROBI, Jan 29 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
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*BOTSWANA - Bank of Botswana to auction its 14-day certificate Treasury
Asian shares rose on Tuesday as recent selling drew bargain hunters, but
investors were cautious ahead of more U.S. economic reports and a Federal
Reserve policy decision later in the week that may offer clues to the
Fed's stimulus plans.
WORLD OIL PRICES
Brent crude held steady above $113 on Tuesday on hopes that economic
growth might be picking up in the world's largest oil consumer after a
gauge of planned U.S. business spending rose in December, adding to
recent positive global economic data.
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Nigeria's naira strengthened against the U.S dollar on the interbank
market on Monday, supported by dollar sales by a unit of Addax Petroleum
and some offshore investors buying local debt, traders said.
A purported commander of Nigerian Islamist sect Boko Haram declared a
unilateral ceasefire on Monday, raising fresh questions about possible
rifts within the secretive militant movement as it was not clear if he
was speaking for the group.
Also, France has asked its citizens to leave northern Nigeria and
areas around the capital Abuja after threats due to its military
intervention in Mali, a diplomatic source said on Monday.
SOUTH AFRICA MARKETS
South African stocks booked record closes after turning positive in late
Monday trading, lifted by positive U.S. durable goods data and a strong
showing from locally listed shares of brewer SABMiller.
South Africa's rand fell 2 percent against the dollar on Monday,
touching a new 4-year low as stronger-than-expected U.S. data prompted a
greenback rally against emerging market currencies.
The Kenyan shilling held steady against the dollar on Monday,
helped by tightening liquidity in the market, while shares edged up for
the first time in eight sessions.
Kenya Airways recorded slower growth in total passengers
carried in its third financial quarter, affected by lower traffic in
Europe and flagging performance on African routes, it said on Monday.
Kenya's tea exports earnings, the east African country's top foreign
exchange source, are seen rising 4 percent to 116 billion shillings
($1.33 billion) in 2013, the regulatory Tea Board of Kenya said on
KENYA- UGANDA PIPELINE
Kenya and Uganda said on Monday they were looking for a strategic private
investment partner to build and operate a pipeline to transport refined
petroleum products between the two east African countries.
Shares in Fan Milk Limited rose 1.1 percent after the
dairy-products maker reported a 44 percent jump in yearly net profit for
Its shares were up 0.04 cedis to 3.60 cedis on 1,500 shares traded,
leading the GSE Composite Index up 3.52 points, or 0.28 percent,
to 1,274.32 points.
Also, the yield on Ghana's 91-day bill fell to 22.79 percent at a
Jan. 28 auction from 22.85 percent at a previous auction.
ANGOLA LENDING RATE
Angola's central bank cut its benchmark interest rate by 25 basis points
to 10 percent, the bank said after a meeting of its monetary policy
committee on Monday.
ZAMBIA MOTOR VEHICLE INDUSTRY
A Zambian government regulator has rejected a proposed merger of Japanese
conglomerate Toyota Tsusho Corp and France's CFAO,
saying on Monday it would lessen competition in the local car market.
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((Compiled by Nairobi Newsroom))
Keywords: AFRICA FACTORS/
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