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African Markets - Factors to watch on Oct 8

Monday, 8 Oct 2012 | 1:37 AM ET

NAIROBI, Oct 8 (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 stocks and other riskier assets such as commodities fell on Monday

as investors remained cautious about the outlook for the global economy

and corporate earnings despite better-than-expected U.S. jobs numbers last

week. WORLD OIL PRICES

Brent crude slipped below $112 per barrel on Monday, dropping for a second

straight session on concerns a fragile global economy could curb oil

demand, but supply worries stemming from tensions in the Middle East may

help check losses. SOUTH AFRICA STRIKES

* The rules of the game in South Africa's labour market have changed and

the new players are workers such as Tshepo Modise and Thulani Soko,

wildcat strikers at mining giant Anglo American Platinum (Amplats)

.

* Hundreds of striking South African workers rallied on Saturday to press

Anglo American Platinum to revoke its decision to fire 12,000 wildcat

strikers amid a wave of labour strife sweeping Africa's largest economy.

EMERGING MARKETS

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AFRICA STOCKS

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SOUTH AFRICA MARKETS

* South Africa's rand extended its losses against the dollar to nearly 4

percent on Friday, plumbing a 3-1/2 year low as investors dumped local

assets on worries about the impact of a wave of illegal strikes sweeping

Africa's biggest economy. � NIGERIA MARKETS * Shell

on Friday declared force majeure on its gas deliveries

from Nigeria's liquefied natural gas (LNG) plant after an attempt to steal

crude oil from a pipeline led to a fire, it said.

� KENYA MARKETS

* Kenya's stock market inched up on Thursday, driven by a jump in shares

of Equity Bank

as investors cheered the appointment of new

senior managers to drive expansion and strategy.

TANZANIA EXPLORATION

Tanzania called on Saturday for an international mediator to resolve a

long-standing border dispute with Malawi, conceding the latest talks over

territorial rights to Lake Malawi and its potential reserves of oil and

gas have failed. GHANA DEBT

The Bank of Ghana said the yield on its 91-day bill rose to 23.11 percent

at an Oct. 5 auction from 23.09 percent at the last auction.

MAURITIUS DEBT

The weighted average yield on Mauritius' 364-day Treasury bills fell to

3.57 percent at auction on Friday from 3.91 percent at a previous sale on

September 21, the central bank said.

RWANDA RIGHTS

Amnesty International on Monday accused Rwandan military intelligence

services of engaging in torture, unlawful detention and enforced

disappearances of civilians. SEYCHELLES INFLATION

* Consumer prices in Seychelles rose 0.3 percent in September from a month

before, pushing the year-on-year inflation rate

to 7.7

percent from 7.8 percent in August, the government statistics office said

on Friday.

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((Compiled by Nairobi Newsroom))

((Email: nairobi.newsroom@reuters.com; tel: +254 20 222 4717))

Keywords: AFRICA FACTORS/