African Markets – Factors to watch on Dec 14 – Reuters

The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Wednesday.
    - - - - -
 EVENTS:
 UGANDA - The central bank sets its benchmark lending rate.
 NIGERIA - The government presents next year's budget to
 parliament. Sources put the size of the budget at 7.2
 trillion naira.
 GHANA - Expecting inflation data for November.
 KENYA - The central bank auctions a 2 year Treasury bond
 worth up to 30 billion shillings. 
 
 GLOBAL MARKETS
 Asia shares crept cautiously higher on Wednesday while a
 hush settled on the U.S. dollar as investors felt certain
 the Federal Reserve would raise rates for the first time in
 a year, but were less sure what it might herald for 2017.
            
 
 WORLD OIL PRICES
 Oil prices fell on Wednesday following a reported rise in
 U.S. crude inventories and an estimate that OPEC may have
 produced more crude in November than previously thought,
 potentially undermining a planned output cut.
      
 
 EMERGING MARKETS
 For the top emerging markets news, double click on
            
 
 AFRICA STOCKS
 For the latest news on African stocks, click on     
 
 SOUTH AFRICA MARKETS
 South Africa's rand ZAR=D3 was mostly flat on Tuesday as
 cautious investors awaited the outcome of this week's U.S.
 Federal Reserve's policy meeting.
             
 
 NIGERIA MARKETS
 Nigeria plans to sell 83.24 billion naira ($264.25 million)
 in short-dated treasury bills at an auction on Dec. 22, the
 central bank said on Tuesday.
             
 
 NIGERIA AUDIT
 Nigeria's government has found unrecorded debts of 2.2
 trillion naira ($7.22 billion) left over from the previous
 administration, which turned up after an audit aimed at
 improving transparency, it said in a tweet.
             
 
 KENYA MARKETS
 The Kenyan shilling KES= was steady against the dollar on
 Tuesday although expected demand from oil importers was seen
 putting the local unit under depreciation pressure.
             
 
 GAMBIA CRISIS
 Gambian President Yahya Jammeh's ruling party challenged his
 defeat in a Dec. 1 election at the Supreme Court on Tuesday
 as West African leaders failed to reach a deal that would
 see him accept the result and end a deepening political
 crisis.
             
 
 SOUTH SUDAN REBEL LEADER
 South Sudanese rebel leader Riek Machar, who fled to
 Democratic Republic of Congo in August after fierce
 fighting, is being held in South Africa to stop him stirring
 up trouble, diplomatic and political sources said on
 Tuesday.
             
 
 ANGOLA INFLATION
 Angola's inflation quickened to 41.15 percent year-on-year
 in November from 40.04 percent in October, data from the
 national statistics agency showed on Tuesday.