Domestic
Zambia and Saudi Arabia have agreed to negotiate and sign a Bilateral Trade Agreement to facilitate seamless trade and a Bilateral Investment Treaty to facilitate investment. Read more: Lusaka Times
Government has released 44 Million Kwacha to the National Road Fund Agency- NRFA to settle one month’s outstanding arrears owed to routine road maintenance contractors across the country. Read more: ZNBC
The Bankers Association Zambia -BAZ- says there has been an increase in the use of electronic transactions in paying for goods and services in the country. Read more: ZNBC
Mines Minister Richard Musukwa says the ministry is in the process of identifying more slug dump sites also known as Black Mountains in a bid to empower youths for them to generate income. Read more: ZNBC
International
South Africa’s government has had to bring forward the bailout of state power firm Eskom, after it rushed 5 billion rand to the struggling utility earlier this month to avert a default and said more cash could be needed soon. Read more: Africa News
Nigeria’s president Muhammadu Buhari on Thursday signed into law a bill increasing the country’s minimum wage to $98. Read more: Africa News
Travel company Thomas Cook has received approaches for parts of its business and the company as a whole, according to reports. The business put its airline up for sale in February and it said last month it would close 21 stores across the UK and cut more than 300 jobs. Read more: BBC
The first report card of the year for the American economy is due on Friday. Investors will be watching closely after worries about a global and US economic slowdown weighed on their minds at the start of the year. Read more: CNN
Tesla revealed Friday that four directors will leave the company — shrinking the size of its board to seven eventually. Read more: CNN