South African Markets - Factors to watch on Aug 5

JOHANNESBURG Aug 5 (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 and metals prices skidded on Tuesday toward multi-month lows, denting shares of companies in the resources sector and sending Asian stocks to their lowest in three weeks amid deepening fears of a weakening global economy.

For a story, please double click on [ID:nL5191348].

SOUTH AFRICA

Jacob Zuma, leader of South Africa's ruling ANC, appeared in court on Monday to push for the dismissal of a corruption case that could stop him becoming president next year.

For a story, please double click on [ID:nL488123].

ANGOLA

President Jose Eduardo dos Santos said on Monday oil-rich Angola would have parliamentary elections every four years, after holding its first national vote for 16 years on Sept. 5.

For a story, please double click on [ID:nL4473266

SOUTH AFRICAN MARKETS

South African stocks slid on Monday as a sharp fall in platinum prices pummelled heavily-weighted mining stocks, and the rand retreated after hitting a six-month high.

The Top-40 index of blue-chip stocks .JTOPI fell 2.5 percent to 23,951.75 points, its lowest level since Jan. 30, while the All-share index .JTOPI dropped 2.37 percent to 25,875.63 points.

For Monday's South African financial markets closing report, double click on [ID:nL4375300 ]

ENVIROSERV ENVJ.J

South Africa's EnviroServ Holdings has received a buyout offer from a private equity group worth as much as 1.88 billion rand ($260.9 million), the company said on Monday.

For a story, please double click on [ID:nL5191348].

GOLDFIELDS (GFIJ.J)

Gold Fields (GFIJ.J) said on Monday it would lay off workers from an older section of a South African mine, but a union said more workers than had been targeted for the exercise had asked to leave on safety concerns.

For a story, please double click on [ID:nL4344079].

GOLD XAU=

Platinum tumbled to its lowest level in more than six months on Tuesday, extending a 6-percent drop in the previous session, on fears of falling demand from automakers, while gold hovered below $900 on weaker oil.

For the latest precious metals report, double click on [GOL/].

WALL STREET

U.S. stocks fell on Monday as shares of energy and commodity-related companies tumbled on falling oil and metals prices and investors worried the housing slump could fuel further losses at financial companies.

For the New York stock market report, double click on [nN04513374].

EMERGING MARKETS

For the top emerging markets news, double click on [nTOPEMRG]

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Some of the main stories out of the South African press:

BUSINESS DAY

- Johannesburg Stock Exchange losses continue as rand gains ground.

- African National Congress President Jacob Zuma's allies flay judiciary. prosecutors.

- Consumer price index excluding mortgage costs to take a final blow.

BUSINESS REPORT

- Public Investment Corporation-linked group eyes Telkom Media, a unit of South Africa's fixed line network operator Telkom (TKGJ.J).

- Vehicle exports poised to hit milestone.

- Ratepayer debt to municipalities hits 35 billion rand.

THE STAR

- Zuma: Push for pre-poll trial.

- Zimbabwe rivals agree to share power, say sources.

(Reporting by Gugulakhe Lourie)