WHAT TO WATCH NEXT WEEKMonday October 31
• Nigeria’s Securities and Exchange Commission holds an investment forum to celebrate 50 years of Nigerian capital markets.
• President Goodluck Jonathan, Finance Minister Ngozi Okonjo-Iweala and Central Bank Governor Lamido Sanusi are due to speak.
• Kenya October CPI due from end of month. Consumer inflation rate hit 17.3 percent in September.
• Uganda October CPI. Headline inflation jumped to 28.3 percent in September, its highest since January 1993. (1100 GMT)
• South Africa October Credit and Money supply data. Growth in private sector credit demand quickened to 6.06 percent year-on-year in August. (0600 GMT)
• South Africa trade figures for September. (1200 GMT)
• IMF officials hold news conference at end of two-week Article IV consultation in Kenya. (1300 GMT)
• First full week of campaigning for Democratic Republic of Congo’s Nov. 28 election.
Tuesday November 1
• Central Bank of Kenya MPC decison. The CBK raised its policy rate by 400 basis points to 11 percent in October addressing rising inflation and a weakening currency. (Expected from 1200 GMT)
• Bank of Uganda MPC decision. The central bank raised its benchmark lending rate on Oct 4 to 20 percent from 16 percent to combat soaring inflation.
• South Africa PMI for October. The PMI rose to above 50 in September, after two months in contraction territory. (0900 GMT)
• ANC Secretary-General Gwede Mantashe addresses South African Chamber of Mines AGM. Mantashe is expected to shed light on the ruling party’s thinking on nationalisation.
• South African Q3 Labour Force Survey data. The official jobless rate rose to 25.7 percent of the labour force in the second quarter from 25.0 percent in the first.
Wednesday November 2
• South Africa October car sales data. New vehicle sales grew by 30 percent year-on-year in September to 54,364 units. (0900 GMT)
Source: Reuters Africa newsletter
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