NAIROBI, Oct 22 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday.
GLOBAL MARKETS
Asian shares fell on Thursday and U.S. Treasury yields ticked lower as investors fretted over the slow pace of U.S. stimulus talks and a surge in global cases of COVID-19.
WORLD OIL PRICES
Oil prices dropped in early trade on Thursday, adding to heavy losses overnight, after a build in U.S. gasoline inventories pointed to a deteriorating outlook for fuel demand as coronavirus cases soar in North America and Europe.
KENYA MARKETS
The Kenyan shilling (KES=) was stable on Wednesday, but was expected to weaken due to increased dollar demand from the energy sector and general goods importers, traders said.
SOUTH AFRICA MARKETS
South Africa's rand rallied to its firmest in more than a month on Wednesday as risk-taking globally was further boosted by hopes of a breakthrough in stimulus talks in the United States..
PROTESTS
Nigeria's biggest city Lagos and several states were under curfews on Wednesday as unrest rooted in anti-police protests broke out again following a day of violence, including the shooting of civilians by security forces.
AFRICA HEALTH
South Africa's faces a high risk of resurging coronavirus infections that may lead to a review by the council deciding on lockdowns, after new cases rose by 42% in Western Cape province in the last two weeks, the health minister said on Wednesday.
CONGO
Uganda plans to spend an extra 2 trillion shillings ($535 million) in the financial year ending June 2021 to help finance various projects including roads in neighbouring Congo, the Finance Ministry said.