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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An index of Asian shares rose to fresh seven-year highs on
Friday, on track for a weekly gain after Nasdaq rose to a
record, while the dollar stuck to recent ranges after more
lacklustre U.S. economic data.
WORLD OIL PRICES
Oil prices on Friday edged down from 2015-highs reached in
the previous session, but prices remained on track for
weekly gains after renewed air strikes in Yemen stoked
concerns on the security of Middle East oil shipments.
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Kenya’s shilling could fall further next week, while
other currencies are seen steady.
SOUTH AFRICA MARKETS
South Africa’s rand recouped earlier losses against the
dollar on Thursday, turning slightly firmer after weak U.S.
home sales and manufacturing activity data pointed to
The Kenyan shilling KES= weakened on importer dollar demand
on Thursday, while stocks fell for the third consecutive
KENYA TREASURY BILLS
The weighted average yield on Kenya’s 91-day Treasury bill
dipped slightly to 8.406 percent at an auction on
Thursday from 8.408 percent last week, the central bank
The Zimbabwe government’s domestic borrowing rose by 28.76
percent to $549.18 million in February from $426.50 million
in the same period a year ago, the central bank said on