Some of the main stories out in the South African press: BUSINESS DAY - Eskom wants to buy from companies generating surplus power - Dividend payouts likely to fall as power cuts hit profits (Compiled by Alexander Winning)
JOHANNESBURG, Feb 13 (Reuters) - The following scheduled
equity and currency market moves may affect South African
markets on Monday.
SOUTH AFRICAN MARKETS
South Africa's rand weakened on Friday after President Cyril
Ramaphosa's declaration of a "state of disaster" to tackle
crippling power shortages in the country failed to elicit
investor confidence. GLOBAL MARKETS
Asian shares slid and the dollar rose on Monday as investors
hunkered down for U.S. inflation data that could jolt the
outlook for interest rates globally, while accelerating or
reversing the recent spike in bond yields. WALL STREET
The Nasdaq ended lower on Friday as megacap growth stocks
came under pressure after Treasury yields pointed to higher
interest rates and shares of ride-hailing firm Lyft plunged
following a downbeat profit forecast. GOLD
Gold prices fell on Monday, pressured by a firmer dollar as
traders squared positions before U.S. inflation data that could
influence the Federal Reserve's roadmap for interest rate hikes. EMERGING MARKETS
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