African business agenda: 21-25 November 2011

WHAT TO WATCH NEXT WEEK in Africa’s business.Monday November 21

    • Malawi October consumer inflation. Consumer inflation quickened slightly to 7.7 percent year-on-year in September. (0800 GMT)
    • Reuters publishes long-term economic polls for Nigeria, Angola, Zambia. Kenya and Ghana. Last quarter the poll saw Nigeria’s economy growing at 7.5 percent this year, Angola’s at 7.1 percent, and Zambia’s at 6.9 percent. Kenya and Ghana’s most recent projections were 5.1 percent and 12.0 percent respectively. (0800 GMT)

Tuesday November 22

    • Nigeria MPC decision. The Central Bank of Nigerian surprised markets in October with a 275 basis point hike in its benchmark rate to 12 percent. (expected after 1400 GMT)
    • Zimbabwe 2012 budget. Finance Minister Tendai Biti said in August the economy could grow up to 9 percent next year. (1230 GMT)
    • South African deputy finance minister Nhlanhla Nene gives keynote speech at launch of the Public Sector Audit Committee Forum. (0730 GMT)
    • South African Reserve Bank releases its twice-yearly Monetary Policy Review, giving its trajectory of monetary policy and the inflation outlook. (1530 GMT)

Wednesday November 23

    • South Africa October CPI. Inflation quickened to 5.7 percent year-on-year in September. (0800 GMT)

Thursday November 24

    • South Africa October PPI. Producer inflation quickened to 10.5 percent in September (0930 GMT)
    • Gambia elections. President Yahya Jammeh is widely seen extending his rule in a poll that will be criticized as neither free nor fair.

Friday November 25

    • Campaigning winds up for Nov. 28 presidential and parliamentary elections in Democratic Republic of the Congo. Chaotic preparations make a disputed result almost inevitable.

Source: Reuters Africa newsletter

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