African market factors Dec. 28, 2017

Business & Economy
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GLOBAL MARKETS
 Asian shares rose to a one-month high on Thursday and were
 on track for their best annual performance since 2009, while
 commodity-driven currencies were buoyed by a strong copper,
 which held near a four-year peak.            
            
 
 WORLD OIL PRICES
 Oil prices were stable on Thursday with trading activity
 drying up ahead of the New Year weekend.                 
 
 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 rallied to its strongest in nine months
 on Wednesday, still riding the wave of positive sentiment
 after Cyril Ramaphosa's election as the leader of the ruling
 African National Congress and a global rise in resources
 prices.            
 
 
 NIGERIA USA
 The United States has formally agreed to sell 12 Super
 Tucano A-29 planes and weapons to Nigeria, the West African
 country's air force said, confirming the resurrection of a
 deal frozen by the Obama administration over rights
 concerns.            
 
 
 KENYA MARKETS
 The Kenyan shilling        was under pressure against the
 dollar on Wednesday due to dollar demand from oil and retail
 importers as money markets resumed trading, traders
 said.            
 
 
 CAMEROON SEPARATISTS
 A prize-winning New York-based Cameroonian novelist will be
 freed from jail and expelled from his native country after
 being held for nearly three weeks on charges of insulting
 and threatening the president, his lawyer said on
 Wednesday.                
 
 
 GHANA STOCKS
 The Ghana Stock Exchange (GSE) has put on its watch list
 three distressed companies including Cocoa Processing
 Company (CPC) for possible delisting if their financials do
 not improve by the end of May, the exchange said on
 Wednesday.            
 
 
 AFRICA PASSPORTS/COMOROS
 The Comoros government has asked Interpol and the U.S.
 authorities for information related to foreigners, including
 two people accused of breaking sanctions on Iran, who have
 bought the country's passports to facilitate their
 activities, the foreign minister told Reuters.              
 
 
 
 CONGO ECONOMY
 Congo Republic's government said on Wednesday it planned to
 cut spending next year by 8.6 percent to 1.38 trillion CFA
 francs ($2.5 billion), following a 45 percent cut to the
 2017 budget this month, as it seeks an International
 Monetary Fund bailout.            
 
 
 LIBERIA ELECTION
 Former soccer star George Weah's camp said on Wednesday he
 was set to win Liberia's presidential election run-off over
 Vice President Joseph Boakai, based on precinct-level vote
 tallies it said were trickling in from across the
 country.            
 
 
 ZIMBABWE POLITICS
 Retired army chief Constantino Chiwenga and veteran
 politician Kembo Mohadi will be sworn in as Zimbabwe's vice
 presidents on Thursday, state-run Zimbabwe Broadcasting
 Corporation said on Wednesday.               
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