African market factors to watch Nov. 21, 2017

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NAIROBI, Nov 21 (Reuters) - The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
Tuesday.
    - - - - -
 EVENTS:
 *NIGERIA - Central bank holds monetary policy meeting - 1330
 GMT.
 *SOUTH AFRICA - Reserve Bank starts three-day monetary
 policy committee meeting (to November 23).
 *ZIMBABWE - ZANU-PF to launch impeachment motion against
 Mugabe.
 
 GLOBAL MARKETS
 Asian stocks edged higher on Tuesday as investors took heart
 from further evidence of strength in the global economy,
 while the dollar hovered near a one-week high against its
 peers thanks to higher U.S. yields and a floundering
 euro.                       
 
 WORLD OIL PRICES
 Oil prices were little changed on Tuesday as the impact from
 expectations of an extended OPEC-led production cut was
 cancelled out by rising output in the United
 States.                 
 
 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 weakened on Monday, bowing to a firming
 dollar and growing concerns over possible credit downgrades
 of the country's local-currency bonds to 'subinvestment' at
 the end of the week.            
 
 SOUTH AFRICA POLITICS
 South Africa's ruling African National Congress (ANC) should
 get President Jacob Zuma to stand down as head of state
 after a party conference next month because like Zimbabwe
 the country urgently needs a change of leader, a senior ANC
 official said.            
 
 NIGERIA ECONOMY
 Nigeria's economy grew 1.4 percent year-on-year in the third
 quarter, the statistics office said on Monday, extending its
 slow climb out of its first recession in a
 generation.            
 
 KENYA POLITICS
 Kenya's Supreme Court on Monday upheld the re-election of
 President Uhuru Kenyatta in last month's repeat presidential
 vote, paving the way for him to be sworn in next
 week.            
 
 ZIMBABWE POLITICS
 Zimbabwean President Robert Mugabe faces the start of
 impeachment proceedings on Tuesday that could see him ousted
 within the week, against the backdrop of a military takeover
 dubbed "Operation Restore Legacy".            
 
 CONGO MINING
 Three Glencore Plc GLEN.L executives, including the head of
 its copper group, have stepped down from the board of
 subsidiary Katanga Mining Ltd KAT.TO after an internal
 review identified weaknesses in its financial reporting
 controls, Katanga said on Monday.            
 
 SENEGAL OIL
 Oil exploration company Cairn Energy CNE.L is in talks with
 BP to sell a 30 percent stake in its deepwater SNE field
 offshore Senegal, which could be valued at around $600
 million, banking sources and a Senegal oil ministry source
 said on Monday.            
 
 GAMBIA OIL 
 Australian oil and gas explorer FAR Ltd FAR.AX said on
 Tuesday that an independent study of two of its offshore
 blocks in West Africa's Gambia found potential for a total
 of 1.1 billion barrels of oil.            
 
 BURKINA FASO/LIBYA POLITICS
 Burkina Faso's foreign minister said on Monday it had
 recalled its ambassador to Libya over a report that black
 African migrants were being auctioned as slaves
 there.