Domestic
The Bank of Zambia (BoZ) and the Alliance for Financial Inclusion (AFI) will host four days of working group meetings aimed at advancing financial inclusion issues and addressing the challenges faced by marginalised groups, such as women and youth, in accessing quality formal financial services. Read more: AFI Global
Finance Minister Margaret Mwanakatwe has announced that the proposed date of commencement for the sales tax is 1st July 2019 and not 1st April 2019 as earlier announced. Read more: Lusaka Times
The Center for Trade Policy and Development foresees government target towards achieving fiscal consolidation not to be realistic in 2019 due to a number of factors among which includes policy inconsistencies, rising public debt and potential reductions in revenue generation. Read more: Lusaka Times
International
Chinese telecoms giant Huawei said revenues topped $100 billion in 2018 despite a US-led campaign against the business on fears it poses a security threat. Read more: BBC
China’s State Council said on Sunday that the country would continue to suspend additional tariffs on U.S. vehicles and auto parts after April 1, in a goodwill gesture following a U.S. decision to delay tariff hikes on Chinese imports. Read more: Reuters
Grounding the Boeing 737 Max will hit profits at German travel company TUI. Europe’s largest tour company said Friday that its 2019 earnings would be reduced by $225 million. Read more: CNN
OPEC kingpin Saudi Arabia will continue to ignore President Donald Trump’s tolerance threshold for rising oil prices. Read more: CNBC