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    African Markets – Factors to watch on Sept 22 – TradingView

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    African Markets - Factors to watch on Sept 22 - TradingView

    The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday.

    GLOBAL MARKETS

    Asian stocks inched up and the dollar was steady on Monday as traders pondered the U.S. monetary policy path after the Federal Reserve’s rate cut last week, while President Donald Trump’s immigration crackdown on worker visas kept sentiment in check.

    WORLD OIL PRICES

    Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand.

    EMERGING MARKETS

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    AFRICA STOCKS

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    SOUTH AFRICA MARKETS

    The rand was flat for much of Friday’s trading session as traders weighed the South African Reserve Bank’s decision to keep interest rates unchanged and efforts to roll back steep U.S. tariffs on imports from South Africa.

    MALAWI ELECTION

    Malawi’s former president Peter Mutharika has taken an early lead in this week’s election, in which he faced off for the fourth time against incumbent Lazarus Chakwera, provisional results from one-quarter of councils showed.

    CONGO MINING

    The Democratic Republic of Congo will lift its ban on cobalt exports from October 16 and manage global supply by imposing annual export quotas, the country’s strategic minerals regulator said on Sunday.

    GUINEA POLITICS

    Guinea holds a long-awaited referendum on Sunday on a new constitution that could permit coup leader Mamady Doumbouya to run for president if he chose to, something he vowed not to do when he seized power in 2021.

    MAURITIUS CENBANK

    Mauritius’ Central Bank Governor Rama Sithanen has agreed to resign next week, following Prime Minister Navin Ramgoolam’s call for him to step down, amid signs of a power struggle at the bank.

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    ((Compiled by Nairobi Newsroom))

    ((Email: nairobi.newsroom@thomsonreuters.com; tel: ++254 20 499 1232))

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