{"id":10680,"date":"2012-05-25T10:03:13","date_gmt":"2012-05-25T08:03:13","guid":{"rendered":"http:\/\/www.myza.co.za\/05\/refile-african-markets\/"},"modified":"2012-05-25T10:03:13","modified_gmt":"2012-05-25T08:03:13","slug":"refile-african-markets","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/refile-african-markets\/","title":{"rendered":"REFILE-African Markets"},"content":{"rendered":"<p>\t\t<!--[if IE]&gt; div#resizeableText { overflow-x:auto; overflow-y:hidden; } &lt;![endif]--><\/p>\n<p>\t\t<span><\/span><\/p>\n<pre>(Refiles with correct date)\t\nThe following company announcements, scheduled economic indicators, debt and currency market\nmoves and political events may affect African markets on Friday.\t\n    - - - - -\t\n EVENTS:\n SOUTH AFRICA - Inflation-linked bond auction and \n Weekly Treasury bill auction\n KENYA - Weekly Forex reserve table\n MAURITIUS - T-bill auction\n \n \n GLOBAL MARKETS\n Asian shares fell to their lowest levels of the\n year on Friday as early bargain hunting gave way\n to worries about Europe's raging debt crisis and\n weak global growth.                \n \n \n WORLD OIL PRICES\n Brent crude futures held steady at $106 a barrel\n on Friday, with the impact of slowing global\n economic growth partially tempered by potential\n supply disruptions in the Middle East.\n                \n \n EMERGING MARKETS\n For the top emerging markets news, double click on\n            \n \n AFRICA STOCKS\n For the latest news on African stocks, click on\n     \n \n AFRICA FIXED INCOME\n For news on African fixed income, click on\n                \n \n SOUTH AFRICA RATES\n South Africa's central bank left its repo rate\n steady as expected on Thursday, sounding a warning\n about the effects of a bleak global outlook on the\n fragile domestic economy but saying inflation was\n likely to moderate.                \n \n \n KENYA MARKETS\n * The Kenyan shilling halted its losing streak to\n close steady against the dollar on Thursday, but\n traders expected it to remain under pressure in\n coming days, while stocks were dragged down by\n dips in Safaricom and Kenya Airways shares.\n                \n * The Kenyan shilling is seen under pressure due\n to yields on government securities tumbling into\n single digits and importers buying dollars on\n fears that the local currency will depreciate\n further.                \n \n NIGERIA OIL\/CBANK\n * A new draft of Nigeria's long delayed oil bill,\n whose passage is needed to unblock billions of\n dollars of stalled investment into exploration and\n production, will be finalised this week, sources\n close to the matter said.                \n * Nigeria's weakening growth outlook is making it\n difficult for the central bank to raise interest\n rates, the country's deputy central bank governor\n said, after the bank held rates for the fourth\n time in a row this week.                \n \n ANGOLA RATES\n Angola's central bank has left its benchmark\n interest rate unchanged at 10.25 percent for the\n fourth straight month, the bank said after a\n meeting of its monetary policy committee on\n Thursday.                \n \n WEST AFRICA GROWTH\n A robust growth forecast for the West African\n Economic and Monetary Union will likely be\n dampened by new political turmoil in the region\n despite a post-war revival in Ivory Coast, a top\n IMF official said.                \n \n UGANDA TELECOMS\n Uganda has returned a majority stake in Uganda\n Telecom to its Libyan shareholders after seizing\n it early last year as part of sanctions on former\n Libyan leader Muammar Gaddafi.                \n \n GHANA REFINERY\n Ghana's only oil refinery has secured some $900\n million in financing from banks BNP Pariba and\n Standard Chartered to help it clear its debt\n backlog and purchase crude oil supplies, its\n manager said                \n \n     For the latest precious metals report click on\n        \n     For the latest base metals report click on\n         \n     For the latest crude oil report click on<\/pre>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Refiles with correct date) The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. &#8211; &#8211; &#8211; &#8211; &#8211; EVENTS: SOUTH AFRICA &#8211; Inflation-linked bond auction and Weekly Treasury bill auction KENYA &#8211; Weekly Forex reserve table MAURITIUS &#8211; T-bill auction GLOBAL MARKETS Asian [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10680","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10680"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10680\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}