WHAT TO WATCH NEXT WEEK.
Monday September 26
- Shareholders of Nigeria’s Access Bank due to vote on $323 million purchase of troubled rival Intercontinental Bank.
Tuesday September 27
- South African deputy president Kgalema Motlanthe starts three-day official visit to China to “strengthen political and economic relations”.
- South Africa’s Wesizwe Platinum interim results. The company has flagged it expects to report a headline loss. (0500 GMT)
- Zimbabwe hosts a major energy conference. The event may shed light on the progress or otherwise of several long-debated power projects.
Wednesday September 28
- Ghana PPI for August. Annual producer inflation rose to 14 percent in July.
- Kenya publishes results of 20-billion shilling ($200 million) 12-year and 12 percent infrastructure bond. (Time unknown)
Thursday September 29
- South African August credit and money supply data. Credit growth was at 5.65 percent year-on-year in July. (0600 GMT)
- Botswana Q2 GDP figures. World’s biggest diamond producer expects GDP growth of 7.2 percent this year, much higher than the IMF forecast of 6.5 percent (0800 GMT)
- South Africa August PPI. Producer prices rose higher than market expectations to 8.9 pct y/y in July (0930 GMT)
Friday September 30
- Kenya Inflation for September. Inflation rate rose for the 10th month in a row in August to 16.67 percent.
- Uganda Inflation for September. Headline inflation rate leapt to 21.4 percent in August while the core rate targeted by the central bank surged to 20.0 percent .
- South Africa August trade balance. The trade account swung back into deficit in July, recording a shortfall of 3.9 billion rand mainly due to lower exports of precious metals. (1200 GMT)
Source: Reuters Africa newsletter
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