African Markets – Factors to watch on Jan 4 – Reuters

NAIROBI, Jan 4 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Wednesday.
    - - - - -
 EVENTS:
 *KENYA - The central bank to auction 182-day and 364-day
 Treasury bills worth a total 12 billion shillings.
 *GHANA - Outgoing President John Mahama to make his final
 address to parliament.
 
 GLOBAL MARKETS
 The U.S. dollar crept nearer to 14-year peaks on Wednesday as an
 abundance of upbeat global economic data boosted Wall Street and
 signs of quickening inflation dented fixed-income
 debt.                       
 
 WORLD OIL PRICES
 Oil edged higher on Wednesday, with top exporter Saudi Arabia
 expected to raise prices for its crude as part of planned supply
 cuts, although a strong dollar and moderate economic growth
 prospects restricted gains.                 
 
 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 African stocks kicked off 2017 in positive territory as a
 platinum rally spurred producers of the precious metal, while
 dollar strength knocked the volatile rand into the
 red.            
 
 NIGERIA MARKETS
 Nigeria's naira traded flat at the official interbank window and
 on the parallel market on the first trading day of the year,
 while stocks fell almost one percent in trading dominated by
 losses in petroleum, banking and brewery shares.            
 
 NIGERIA PETROLEUM
 - State-run Nigerian National Petroleum Corporation (NNPC) has
 awarded its 2017 crude oil term contracts to 39 companies, the
 company said on Tuesday.            
 
 KENYA MARKETS
 The Kenyan shilling        weakened on Tuesday as importers
 sought to fill their dollar requirements after the
 holidays.            
 
 UGANDA SHILLING
 The Ugandan shilling        weakened moderately on Tuesday due
 to demand for dollars by commercial banks.             
 
 GAMBIA POLITICS       
 The head of Gambia's electoral commission has fled to Senegal
 due to threats to his safety after declaring that President
 Yahya Jammeh lost last month's election, a defeat the ruler has
 refused to accept.            
 
 MOZAMBIQUE POLITICS
 Mozambique's Renamo opposition party said on Tuesday it had
 extended a ceasefire by two months to allow talks with President
 Filipe Nyusi's government, raising hopes for a nascent peace
 process.            
 
 ZAMBIA FUEL PRICES
 Zambia's retail fuel prices will fall from midnight on Tuesday
 due to subdued oil prices and a stronger kwacha currency, the
 energy regulator said.