NAIROBI, Oct 16 - The following company announcements, scheduled economic indicators, debt
and currency market moves and political events may affect African markets on Wednesday.
- - - - -
Kenya to inaugurate the second leg of Chinese-built railway
UN Refugee agency head arrives in Zambia on southern Africa
Asian shares inched higher while sterling came off
five-month highs in volatile trade on Wednesday as investors
looked to whether
Zambia owed major mining
companies 2.8 billion kwacha ($215 million) in tax refunds as at
June 30, 2019, Finance Minister Bwalya Ng'andu said on Thursday,
the latest development in a long-running dispute with the
Zambia will not replace its
value-added tax (VAT) with a non-refundable sales tax, Finance
Minister Bwalya Ng'andu said on Friday, a major concession to
mining companies that fiercely opposed the proposal.
The following company
announcements, scheduled economic indicators, debt and currency
market moves and political events may affect African markets on
- - - - -
*Zambia's Finance Minister Bwalya Ng'andu to unveil the 2020
national budget, where he is expected provide GDP growth
forecasts and give insights on how the government plans to
shore up public finances and bring down mounting debt.
Asian shares slipped to t
Canada's First Quantum Minerals Ltd
said on Monday it had no knowledge of any potential
takeover bids but confirmed it was in talks with Jiangxi Copper
Co Ltd for a potential sale of a minority interest
in its Zambian copper assets.
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