African Markets - Factors to watch on Feb 14

    NAIROBI, Feb 14 (Reuters) - The following company announcements, scheduled economic 
indicators, debt and currency market moves and political events may affect African markets on 
Friday. 
    - - - - - 
 EVENTS: 
 *KENYA - East African Breweries    releases its first 
 half earnings results. 
 *MAURITIUS - Bank of Mauritius auctions 364-day Treasury 
 bills worth a total 600 million rupees. 
 *KENYA - Energy Regulatory Commission releases its latest 
 fuel price review. New prices stay in force for a month 
 starting on 15th. 
 *KENYA - President Uhuru Kenyatta holds meeting with  
 members of the Kenya Private Sector Alliance and later holds 
 a news conference on the country's business environment. 
 *Angola, Botswana and Zimbabwe release consumer inflation 
 statistics for January anytime starting Friday. 
  
 GLOBAL MARKETS 
 Asian shares rose on Friday while the U.S. dollar struggled 
 to regain traction after downbeat U.S. economic data pushed 
 it to a nearly three-week low against the 
 euro.   MKTS/GLOB  
  
 WORLD OIL PRICES 
 Brent crude held steady below $109 a barrel on Friday, on 
 track for a modest weekly decline, as supply disruptions in 
 Libya and Angola balanced downbeat U.S. economic 
 data.   O/R  
  
 EMERGING MARKETS 
 For the top emerging markets news, double click on 
  urn:newsml:reuters.com:*:nTOPEMRG   
  
 AFRICA STOCKS 
 For the latest news on African stocks, click on  .J  
  
 AFRICA CURRENCIES 
 Nigeria's naira could come under further pressure next week 
 after reaching a record low on Thursday, but the central 
 bank is expected to intervene to support the currency. 
 Ghana's cedi is likely to hold steady as new rules 
 introduced by the central bank to defend the currency take 
 effect.   
  
 AFRICA WEALTH FUNDS 
 Resource-rich African countries are busy setting up 
 sovereign wealth funds, but critics say the funds may not 
 serve the long-term interests of poor countries that still 
 need to invest in basics such as schools and roads. 
    
  
 SOUTH AFRICA MARKETS 
 South African stocks ended in the red on Thursday, giving up 
 some of the previous session's strong gains, with Gold 
 Fields    blazing the downhill trail as it took a $672 
 million write-down because of the steep fall in the bullion 
 price.    
  
 NIGERIA MARKETS 
 Nigerian stocks and bond prices fell on Thursday, as foreign 
 investors sold off frontier assets, forcing the central bank 
 to intervene to prop up the naira after it fell to an 
 all-time intraday low, its deputy governor 
 said.   
  
 NIGERIA PETROLEUM 
 Nigerian lawmakers investigating a claim that the state oil 
 company has failed to remit $20 billion in oil revenues 
 ordered a forensic audit of fuel-subsidy payments on 
 Thursday to find out where the money has 
 gone.       
  
 KENYA MARKETS 
 The Kenyan shilling    eased on Thursday as demand for 
 dollars grew from commercial banks and corporate clients 
 while overnight lending rates fell. The stock exchange's 
 main index slipped lower.    
  
 KENYA MINING 
 Australian mining group Base Resources    has shipped 
 the first consignment of minerals from its Kenya Titanium 
 project, after years of delays at Kenya's biggest mining 
 project.    
  
 KENYA GEOTHERMAL 
 Kenya Electricity Generating Company (KenGen)    said 
 on Thursday it had drilled the largest geothermal steam well 
 in Africa with capacity to generate 30 megawatts (MW) of 
 power and would help cut power costs in the area. 
  
 GHANA BONDS 
 Ghana accepted 402 million cedis ($160 million) worth of 
 bids for a three-year bond and paid a higher yield of 23 
 percent in an oversubscribed bond sale on Thursday, the 
 central bank said.    
  
 MAURITIUS COMPANY RESULTS 
 Mauritian conglomerate Ireland Blyth Ltd (IBL)    
 posted a 4.6 percent rise in pretax profit for the half year 
 to Dec. 31, helped by a stronger performance in its commerce 
 and logistics, aviation and shipping 
 business.   
     Lux Island Resorts    said first-half pretax 
 profit rose to 145.5 million rupees ($4.8 million) from 35.7 
 million a year ago, boosted by higher arrivals both in 
 Mauritius and Maldives.   
     Air Mauritius    swung to a nine-month pretax 
 profit on Thursday and said it expected the positive 
 momentum to be maintained in its full year ending next 
 month. 
  
 ZAMBIA AIRPORT 
 Zambia plans to spend $385 million to modernise the capital 
 city's main airport and turn Lusaka into a regional aviation 
 hub, president Michael Sata said on Thursday.   
  
     For the latest precious metals report click on  GOL/   
     For the latest base metals report click on  MET/L   
     For the latest crude oil report click on  O/L   
  ((Compiled by Nairobi Newsroom)) 
  ((Email: nairobi.newsroom@reuters.com; tel: +254 20 221 4608)) 
 
 
Keywords: AFRICA FACTORS/