Domestic
Government has today launched the National Trade Policy and National Export Strategy which will serve as a blue print for government activities in growing the trade sector. Read more: ZNBC
Cabinet has approved publication and introduction in Parliament of the Sales Tax Bill 2019 and is expected to take effect on July 1st, 2019. Read more: ZNBC
Government has urged banks to lower lending rates to women and youth entrepreneurs. Read more: ZNBC
The Republic of Zambia and the Republic of Botswana have agreed to incorporate Zimbabwe as an equity partner on the Kazungula Bridge project and further ask Namibia to also join in the project, with emphasis for the new members to pay up for their share of the bridge. Read more: Lusaka Times
International
Royal Dutch Shell Plc on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies. Read more: Reuters
Bitcoin prices shot up 15% Tuesday and briefly rose above the $5,000 level for the first time since November. Read more: CNN
Theresa May inflamed the Conservative civil war on Europe after she offered to work with Labour leader Jeremy Corbyn to end the Brexit impasse. Read more: Financial Times
Major US carmakers announced a drop in first-quarter US new vehicle sales, underlining the risk of a cyclical slowdown in the American auto market. Read more: Financial Times