NAIROBI, Feb 8 (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 slipped on Friday as investors fretted about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row. MKTS/GLOB WORLD OIL PRICES Oil markets fell on Friday, pulled down by an economic slowdown, although supply cuts led by producer club OPEC and U.S. sanctions against Venezuela provided crude with some support.
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SOUTH AFRICA MARKETS South Africa's rand weakened on Thursday against a broadly stronger dollar as investors prepared for President Cyril Ramaphosa's state of the nation address (SONA) later in the day.
KENYA MARKETS The Kenyan shilling KES= was unchanged against the dollar on Thursday due to hard currency inflows from offshore investors buying government debt, traders said.
CURRENCY The Nigerian naira has gained 0.55 percent in a week to reach 361 per U.S. dollar on Thursday as foreign funds shrugged off the risk of forthcoming elections to buy government treasuries, traders said. TELECOMS A judge has adjourned a Lagos court case between South African telecoms firm MTN Group MTNJ.J and Nigeria's attorney general over a $2 billion tax demand until Mar. 26, the court said on Thursday. BOTSWANA BUDGET Botswana plans to swing back to a budget surplus in 2020 after three straight years of deficits, Finance minister Kenneth Matambo said on Thursday. UGANDA POLICY RATE Uganda's central bank held its benchmark lending rate UGCBIR=ECI at 10 percent for the second time in a row on Thursday, citing subdued inflation, the bank's governor said.
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