South African Markets - Factors to watch on June 24

JOHANNESBURG, June 24 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Tuesday.

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GLOBAL MARKETS

Oil prices extended gains on Tuesday amid worries over supply disruptions in Nigeria and tensions in the Middle East, while Asian stocks struck new multi-month lows on concerns about a weakening U.S. economy. For a story, please double click on [ID:nT54564].

ZIMBABWE

The move by Zimbabwe's opposition to pull out of Friday's presidential run-off election has hit hopes for a resumption of the foreign investment crucial to rescue the country from economic ruin.

Once touted as a beacon for southern Africa, the economy has been ravaged by inflation, which the last official figure put at an annual rate of 165,000 percent in February, although economists say the actual rate is now around 14 million percent.

For story double click on [ID:nL23102349]