African business agenda: 28 nov-2 dec

WHAT TO WATCH NEXT WEEK

Monday November 28

    • Presidential and parliamentary elections in Democratic Republic of Congo. The polls look set to go ahead as planned, despite growing evidence or grossly inadequate preparations that will almost certainly mean a disputed result.

Tuesday November 29

    • South Africa October credit and money supply data. Household credit growth has remained weak while corporate credit has ticked up, albeit from a low base. (0600 GMT)
    • South Africa Q3 GDP. Second quarter GDP slowed to 1.3 pct q/q and 3 pct y/y, both below forecast. (0930 GMT)
    • H1 results from South African and emerging markets media giant Naspers.
     • Mauritius Q3 trade figures. The trade deficit widened by 6.1 percent in the first half of 2011 to 33.27 billion rupees.

Wednesday November 30

    • Uganda November inflation. Headline inflation hit 30.5 percent in October while the core rate jumped to 30.8 percent (1100 GMT). 
    • South Africa October Trade balance. (1200 GMT)
    • Reuters releases November rand poll. Last month the survey suggested the South African currency was set to rebound 5 percent against the dollar.
    • South Africa releases final 2010-11 figures for its summer maize crop. (1130 GMT)

Thursday December 1

    • Kenya November inflation. Year-on-year inflation rose to 18.91 percent in October.
    • Kenya MPC decision. Surging inflation and a weak shilling have prompted the central bank to raise its benchmark rate from 7 percent to 16.5 percent in less than a month.
    • South Africa November PMI data. Purchasing Managers Index was below the break-even point of 50 for two months in the third quarter. (0900 GMT)
    • Reuters releases Econometer survey of South African economy. (0930 GMT)

Friday December 2

    • South Africa November car sales. Overall new vehicle sales are expected to grow 15 percent this year compared to 2010. (0900 GMT)

Source: Reuters Africa newsletter

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