NAIROBI, May 5 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Friday.
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GLOBAL MARKETS
Asian stocks rose, the dollar eased and gold hovered around
its record highs on Friday, as jittery investors remained
nervous about the U.S. banking sector following another rout
in shares of regional lenders. WORLD OIL PRICES
Oil prices rose slightly in Asian morning trade on Friday,
but were set for a third straight week of losses after
markets witnessed dramatic drops on fears of a weakening
U.S. economy and slowing Chinese demand. EMERGING MARKETS
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South African stocks fell on Thursday as worries about the
banking sector rippled around the globe, while the rand gave
up gains from earlier in the day which had come after the
Federal Reserve had suggested it may stop hiking
rates. AFRICA CURRENCIES
Kenya's shilling and Zambia's kwacha are expected to weaken
in the next week to Thursday, while Ghana's cedi should be
stable and the Ugandan shilling is likely to gain, traders
said. NIGERIA DEBT
Nigeria's lower house of parliament on Thursday approved a
plan to restructure 23.7 trillion naira ($52 billion) in
short-term loans due to the central bank to long-term debt,
a day after the Senate gave its consent. KENYA MARKETS
Kenya's shilling weakened on Thursday to a new
all-time low due to increased general importer demand for
dollars, with oil marketing companies standing out, traders
said. KENYA PRIVATE SECTOR ACTIVITY
Kenya's private sector activity fell in April as both the
manufacturing and services sectors slowed, with inflation
and political unrest leading to a drop in consumer demand
and dampening the outlook, a survey showed on
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