African Markets Highlight Today March, 13

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Enterprise Television- African Markets Highlight Today March, 13

The following company announcements, scheduled economic indicators, debt and currency market moves which may affect African markets today.

EMERGING MARKETS

For the top emerging markets news

NIGERIA’S MARKETS

Nigeria’s central bank says: it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.

RWANDA’S ECONOMY

The statistics office to release fourth quarter 2017 gross domestic product data.

SOUTH AFRICA’S MARKETS

South Africa’s rand steadied today, holding on to gains notched up in the previous session as a benign U.S. jobs report eased worries about inflation and faster rate hikes.

KENYA’S MARKETS

Traders says: The Kenyan shilling  strengthened today, helped by dollar inflows from offshore investors interested in buying government bonds.

GHANA’S AGRICULTURE

The head of the Cocobod marketing board say: Ghana may only produce around 700,000 tonnes of cocoa this season, well short of its initial forecast of 850,000 tonnes, due to poor rains during the main crop harvest.