African Markets – Factors to watch on Aug 21

    NAIROBI, Aug 21 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Monday.
    - - - - -
 GLOBAL MARKETS
 Asian shares were fragile on Monday as investors remained
 unconvinced about U.S. President Donald Trump's ability to
 fulfil his economic agenda, even as the departure of his
 controversial policy strategist raised hopes of some
 progress.                       
 
 WORLD OIL PRICES
 Oil markets were stable on Monday, largely holding on to
 Friday's big gains even though rising U.S. output weighed on
 hopes the market will tighten after a 13 percent fall in
 U.S. crude inventories since March.                 
 
 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 clung to recent gains on Friday in
 subdued trade, drifting toward technical landmarks as an
 attractive carry trade kept offshore investors
 interested.            
 
 SOUTH AFRICA POLITICS
 A South African deputy minister who is charged with
 allegedly assaulting a woman in a nightclub has resigned,
 the president's office said on Saturday.            
 
 NIGERIA POLITICS
 Nigerian President Muhammadu Buhari returned home on
 Saturday from three months of medical leave in Britain where
 he received treatment for an unspecified
 ailment.            
 
 KENYA POLITICS
 Kenya's opposition coalition went to the Supreme Court late
 on Friday to challenge the results of a presidential
 election which it says was rigged.            
 
 SIERRA LEONE MUDSLIDE
 Rescue workers have unearthed 499 dead bodies since last
 week's devastating landslide near the Sierra Leone capital
 Freetown, the city's chief coroner told Reuters on
 Sunday.            
 
 ZIMBABWE POLITICS
 Zimbabwe's first lady Grace Mugabe returned home from South
 Africa early on Sunday, state media reported, pursued by
 demands she face prosecution over an alleged assault of a
 20-year-old model in an upmarket Johannesburg hotel
 room.            
 
 ANGOLA POLITICS
 The presidential candidate of Angola’s ruling MPLA party,
 Joao Lourenco, closed his electoral campaign on Saturday,
 telling his supporters that no other party could guarantee
 the stability of the country.            
 
 CONGO ECONOMY
 The Democratic Republic of Congo balanced its budget in all
 but two months between January and July without reverting to
 old habits of printing money to pay bills, its finance
 minister said on Saturday.            
 
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Source
Reuters: Ghana News

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