The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday.
- - - - - EVENTS: *Rwanda releases inflation data for April.
GLOBAL MARKETS Asian stocks rose on Thursday, with energy shares leading the way as crude oil prices bolted higher after U.S. President Donald Trump's decision to pull out of a nuclear deal with Iran. MKTS/GLOB
WORLD OIL PRICES Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market. O/R
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SOUTH AFRICA MARKETS South Africa's rand tumbled on Wednesday after U.S. President Donald Trump's decision to pull out of an international nuclear deal with Iran hit global risk sentiment, but stocks closed stronger. MARKETS Nigeria's parliament aims to pass a long-delayed bill to overhaul the oil sector by the end of July, Senate President Bukola Saraki told Reuters. MARKETS The Kenyan shilling KES= weakened against the dollar on Wednesday amid increased shilling liquidity in the money markets, traders said. SAFARICOM Kenya's dominant telecoms operator, Safaricom SCOM.NR , predicted strong profit growth this year due to an easing of political tensions and hit back at mooted regulatory proposals to control data and call prices. FLOODS A dam burst overnight in a Kenyan town after heavy rain, causing "huge destruction" and deaths, a government official said on Thursday. COFFEE For generations, farmers planted the lush earth of Awedai and nearby areas in eastern Ethiopia with coffee trees, earning a livelihood from a crop that is now the country's main export. COCOA/CHINA Ghana's Cocobod is seeking up to $1.5 billion from China's Eximbank to improve farms and install irrigation systems and other projects, the regulator's chief executive Joseph Aidoo said on Wednesday. INFLATION
Ghana's annual consumer price inflation fell sharply to 9.6 percent in April from 10.4 percent the previous month, the statistics office said on Wednesday. AKER/OIL Norwegian investment firm Aker AKER.OL will consider options for its stake in oil startup Aker Energy after the unit has appraised its offshore field in Ghana and submitted a development plan for the site to the Ghanaian government. MINING Vedanta Resources ' VED.L Zambia unit, Konkola Copper Mines (KCM), is disputing a bill of almost $18 million slapped on it by tax authorities after an audit, an industry source familiar with the matter, told Reuters on Wednesday. CROCODILE/ATTACK A crocodile attacked Zanele Ndlovu as she canoed with her fiance in Zimbabwe, ripping her arm so badly it had to be amputated. But the pair, due to marry just five days later, refused to allow the trauma to delay the ceremony. DELTA Zimbabwe's largest brewer Delta Corporation reported a 27 percent jump in full-year profit to $89 million on Wednesday, after strong sales of beer and soft drinks in the second half of its financial year. SECURITY An explosion killed at least five people and wounded 10 on Wednesday in a market for the stimulant leaf khat in southern Somalia, police and residents said, and al Qaeda-linked al Shabaab said it was behind the blast. AFRICA IMF Peace must be restored in Central African Republic in order to ensure a sustained economic recovery after years of violence, the International Monetary Fund said on Wednesday. CRADLEARC-RANGOLD African gold miner Randgold RRS.L has ended a joint venture agreement in Mali with junior explorer Cradle Arc CRA.L, Cradle Arc said on Wednesday, adding it would seek a new partner. IMF Gambia must refrain from new government borrowing, the International Monetary Fund warned on Wednesday, after its debt stock reached around 130 percent of gross domestic product at the end of last year. INFLATION
Mozambique's annual consumer price inflation slowed to 2.33 percent year-on-year in April from 3.05 percent in March, the National Institute of Statistics said on Wednesday. FRANCE/IMMIGRATION The Indian Ocean state of Comoros hit back against France on Wednesday for suspending visas for its citizens, a further escalation in a diplomatic row linked to immigration and territorial disputes. the latest precious metals report click on GOL/
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