African Markets - Factors to watch on Jan 14

    NAIROBI, Jan 14 (Reuters) - The following company announcements, scheduled economic 
indicators, debt and currency market moves and political events may affect African markets on 
Tuesday. 
    - - - - - 
 EVENTS: 
 *KENYA - Kenya's central bank to announce its latest 
 decision on its main lending rate. At its last meeting in 
 November, the bank's monetary policy committee held its 
 benchmark rate at 8.5 percent. 
 *KENYA - Energy Regulatory Commission releases its latest 
 fuel price review. New prices stay in force for a month 
 starting on 15th. 
 *UGANDA - Uganda's parliament meets to debate the presence 
 of the country's troops in South Sudan, with President 
 Yoweri Museveni expected to seek retroactive approval for 
 sending them there. 
  
 GLOBAL MARKETS 
 Asian shares came under pressure on Tuesday, with Japanese 
 stocks tumbling more than 2 percent as the yen hit a 
 four-week high against the dollar after last week's 
 surprisingly weak jobs report raised concerns about the U.S. 
 growth outlook.    MKTS/GLOB  
  
 WORLD OIL PRICES 
 Brent crude edged down towards $106 a barrel on Tuesday as 
 Libyan supply picked up and as the restart of Iranian oil 
 shipments appeared to get closer.    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  
  
 SOUTH AFRICA MARKETS 
 The rand weakened against the dollar on Monday, with 
 negative domestic fundamentals preventing a sustained rally 
 by South Africa's currency after a weak U.S. jobs 
 number.   
     South African shares rose on Monday on hopes for healthy 
 banking sector earnings and a pick up in retail numbers 
 while a weak local currency buoyed gold mining stocks such 
 as AngloGold Ashanti   .   
  
 SOUTH SUDAN UNREST 
 South Sudan has asked Sudan to send engineers to help 
 maintain oil output after many foreign workers left because 
 of fighting between South Sudan government forces and 
 rebels, the South Sudanese oil minister said on 
 Monday.     
  
 NIGERIA MARKETS 
 Nigeria's naira weakened against the dollar on the interbank 
 market on Monday as dollar supply failed to meet strong 
 demand from importers, despite greenback sales by local 
 units of two major oil companies.    
  
 NIGERIA PETROLEUM 
 Chevron    faces delays in closing sales of oil blocks 
 in Nigeria worth up to $1 billion because of legal disputes 
 involving potential buyers, industry sources say, 
 highlighting a risk other oil majors could 
 face.   
     The West African nation's navy said on Monday it had 
 impounded around 2.l million litres (13,000 barrels) of 
 stolen crude oil in two operations against ships belonging 
 to oil thieves.    
  
 NIGERIA ECOBANK 
 Ecobank is taking seriously a report on its governance by 
 Nigeria's Securities and Exchange Commission and has made 
 changes to strengthen corporate controls, the pan-African 
 bank said in a statement on Monday.    
  
 KENYA MARKETS 
 The Kenyan shilling    rose against the dollar on 
 Monday, buoyed by growing signs of confidence in the 
 domestic economy on top of last week's weak U.S. jobs data, 
 while profit-taking hit the main share index.   
  
 UGANDA PETROLEUM 
 Uganda aims to award seven production licenses to Britain's 
 Tullow Oil    by the end of March, its energy and 
 mineral development minister said on Monday, as the country 
 inches closer to starting crude production.     
  
  
 GHANA MARKETS 
 The GSE Composite index    fell for the second 
 straight session, pulled lower by profit-taking, traders 
 said. 
     The GSE Financial Stocks index    also fell 8.63 
 points, or 0.46 percent, to 1,835.81 points.   
  
 GUINEA PARLIAMENT 
 Economist Claude Kory Kondiano was elected president of 
 Guinea's parliament on Monday, completing a rocky transition 
 back to democracy after a 2008 military coup.   
  
 ZIMBABWE WEALTH FUND 
 A proposed sovereign wealth fund in Zimbabwe will be 
 bankrolled by as much as a quarter of royalties and special 
 dividends earned on minerals such as diamonds, gold and 
 platinum, according to a draft bill seen on Monday. 
    
  
     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/