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African Markets – Factors to watch on Sept. 4

    NAIROBI, Sept 4 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Monday.
    - - - - -
 EVENTS:
 *INFLATION - The statistics offices in Seychelles, Mauritius
 and Ethiopia are expected to release their August's consumer
 price index data.
 
 GLOBAL MARKETS
 The Japanese yen, gold and sovereign bonds all rose on
 Monday as North Korea's latest nuclear test provoked the
 usual knee-jerk shift to safe havens, though equity losses
 were modest amid expectations the flare-up would prove
 fleeting.                         
 WORLD OIL PRICES
 Oil markets were volatile on Monday, supported by shutdowns
 of U.S. production following Hurricane Harvey, but pressured
 by an expected downturn in crude demand as the storm knocked
 out refineries along the Gulf of Mexico coast.
                        
 
 EMERGING MARKETS
 For the top emerging markets news, double click on
            
 
 AFRICA STOCKS
 For the latest news on African stocks, click on     
 SOUTH AFRICA MARKETS
 South Africa's rand raced to its firmest in more than a
 month on Friday as traders eased their dollar holdings and
 bought the local currency after the United States reported
 weaker than expected employment growth.             
 NIGERIA ECONOMY 
 Africa's two biggest economies likely emerged from recession
 in the second quarter but strong growth won't show up until
 business confidence is restored, a Reuters poll suggested on
 Friday.                 
 KENYA POLITICS
 Kenya's Supreme Court on Friday nullified President Uhuru
 Kenyatta's election win, citing irregularities, and ordered
 a new poll within 60 days, an unprecedented move in Africa
 where governments often hold sway over judges.              
 KENYA MARKETS   
 Kenya's shares and dollar bonds plummeted on Friday and its
 currency fell after the country’s Supreme Court declared
 President Uhuru Kenyatta's election victory invalid. 
                 
 KENYA ELECTIONS
 Kenya's opposition leader Raila Odinga said on Sunday that
 his coalition will not share power, two days after the
 Supreme Court annulled last month's presidential election
 and ordered a new poll within 60 days.               
 
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