(REUTERS) The following company announcements, scheduled
economic indicators, debt and currency market
moves and political events may affect African markets
– – – – –
Uganda’s central bank announces its policy rate for June and
Asian stocks rose on Monday, shaking off Wall Street’s
uninspiring performance on Friday, while sterling was mostly
steady after a van rammed into pedestrians in London even as
markets braced for the start of Brexit
WORLD OIL PRICES
Oil prices fell early on Monday, weighed down by high
supplies despite an OPEC-led initiative to cut production to
tighten the market.
SOUTH AFRICA MARKETS
South Africa’s rand retreated from a two-and-a-half month
high on Thursday after the U.S. central bank raised interest
rates said it was prepared to continue tightening monetary
Nigeria’s central bank on Friday held two auctions to sell
treasury bills worth 286.8 billion naira ($939.56 million),
traders said, as the regulator moved to tighten liquidity
and curb speculation on the local currency.
At least half of Nigerian government food aid sent northeast
for hungry people driven from their homes by Boko Haram has
been “diverted” and never reached them, a government
The Kenyan central bank pumped in dollars into the market on
Friday after the shilling weakened against the dollar, trader said.
Four people were killed and 11 injured when their
landcruiser detonated a bomb planted on a road in northeast
Kenya on Friday, a senior government official said, in the
latest of a series of such attacks.
Gunmen on Sunday attacked a luxury resort popular with
Western expatriates just outside Mali’s capital, Bamako,
killing two people in what the security minister called a
terrorist attack, while 36 guests were rescued.
The Ugandan shilling was stable on Friday as most
players stayed on the market sidelines, wary of taking
positions ahead of a central bank key rate decision
announcement on Monday.
Uganda is planning to send about 1,000 medical workers to
Libya, an official said on Friday, a plan criticised by
health activists who believe it would further weaken the
country’s struggling health care system.
SOUTH SUDAN SECURITY
When South Sudan’s civil war erupted in 2013, Nyayath Uluak
was caught in crossfire in the northern town of Malakal and
a bullet tore her leg apart. She survived, but the lower
half of her limb didn’t.