Daily FiZ – Wednesday 15/05
Economy

Domestic
The World Bank has listed Zambia among the top ten African countries in the Global Entrepreneurship Index along the likes of Botswana, E-Swatini, Gabon, Ghana, Namibia, Nigeria, Rwanda, Senegal, and South Africa. Read more: The Independent Observer

The African Development Bank Group has approved an $11.1 million loan to support Zambia’s efforts to restore fiscal stability. Read more: Lusaka Times

The Zambian government has hailed increased interest by French firms to invest in the southern African nation, a government official said. Read more: News Ghana

Barrick Gold Corp, the world’s second largest bullion miner, is preparing its Zambian copper mine Lumwana for sale in the second half of 2019, looking to target Chinese buyers. Read more: New York Times

Stanbic Zambia, announced that it has invested K660 million to digitise its operations with the hope of tapping into the unbanked population. Read more: Footprint 2 Africa

International
South Africa’s unemployment rate climbed in the first quarter of 2019 as construction and financial-services firms cut positions. Read more: Bloomberg

Vodafone has swung to a full-year loss and cut its payout to shareholders for the first time. Read more: BBC News

Bitcoin rose above the $8,000 mark on Tuesday, extending a rally that has seen the digital currency more than double in value since the start of the year. Read more: CNBC

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