The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. - - - - - GLOBAL MARKETS Asian shares gained on Monday, joining a global recovery for equity markets as sentiment improved gradually from a recent shakeout that stemmed from fears of creeping inflation and higher borrowing costs. WORLD OIL PRICES Oil prices extended gains to hit their highest level in nearly two weeks on Monday, buoyed as Asian shares joined a global recovery in equity markets and by worries over tensions in the Middle East. SOUTH AFRICA MARKETS South Africa's rand surrendered some gains on Friday but remained near its three-year best ahead of Cyril Ramaphosa's maiden state of the nation address after he was sworn in as the country's president. KENYA MARKETS The Kenyan shilling held steady against the dollar on Friday, supported by horticulture export earnings and remittances sent by citizens living abroad, traders said. SUDAN POLITICS Sudanese authorities said on Sunday they would release more than 80 political prisoners from jails in the capital Khartoum, a week after the African country appointed a new security chief. SOUTH AFRICA MINING A South African industry group representing mining companies has agreed to postpone a court challenge against new regulations that included a requirement for more black ownership of mines, to allow for negotiations with new President Cyril Ramaphosa.
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