The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.
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GLOBAL MARKETS Asian shares and U.S. stock futures slipped on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling dithered as the latest plan for Brexit appeared to come and go with no progress. MKTS/GLOB
WORLD OIL PRICES Oil prices fell on Tuesday as signs of a spreading global economic slowdown stoked concerns over future fuel demand. O/R
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SOUTH AFRICA MARKETS South Africa's rand eased on Monday as the dollar neared a two-week high, while Naspers boosted stocks on expectations of positive news about the spin-off of its pay-TV business, which duly emerged after the market close. OIL French oil group Total TOTF.PA will approve plans to proceed with the Ikike project in Nigeria in the coming months, and also aims to expand its liquefied natural gas (LNG) project in the country, CEO Patrick Pouyanne said on Monday. ELECTION Nigerian President Muhammadu Buhari's government accused the main opposition party of planning violence ahead of next month's election in a nation with a history of unrest and fraud allegations around votes. MARKETS The Kenyan shilling KES= firmed against the dollar on Monday due to inflows from diaspora remittances and offshore investors buying government debt, traders said. REPUBLIC OF CONGO ELECTION Democratic Republic of Congo's president-elect Felix Tshisekedi received a chorus of congratulations from African leaders on Sunday and Monday in a growing sign that his disputed election win will not be questioned internationally. PROTESTS Zimbabwe's government exceeded its mandate in ordering an internet blackout during civilian protests last week, a court ruled on Monday, as authorities pressed on with rounding up opposition figures blamed for the unrest. MINING Barrick Gold Corp ABX.TO said on Monday that it was considering all options for Lumwana copper mine in Zambia as the country's proposed new mining taxes would make it challenging to generate adequate returns for all its stakeholders. the latest precious metals report click on GOL/
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