Domestic
Commerce, Trade and Industry Permanent Secretary Kayula Siame says the Ministry is looking to support alternative financing for Small and Medium Enterprises. Read more: ZNBC
Mansa Sugar Limited has projected a deficit in Zambians’ Sugar production by 2030 due to the growth in population and the increase of living standards for most Zambians which is leading to growth in demand for the commodity. Read more: Zambian Business Times
The Ministry of Finance has released K136 million to the National Road Fund Agency – NRFA to settle arrears related to road projects and other related activities. Read more: Zambian Business Times
Mines Minister Richard Musukwa says there are six investors that are eyeing to take over Konkola Copper Mines (KCM) once the process of liquidation is over. Read more: The Independent Observer
Konkola Copper Mines (KCM), owned by Vedanta Resources, plans to restart its Nchanga smelter on June 22, the company said on Wednesday. Read more: Reuters
International
The African Development Bank and its partners on Wednesday launched the Africa Digital Financial Inclusion Facility (ADFI), designed to aid safety and expansion of digital financial transactions in Africa. Read more: Africa News
A top U.S. commodities regulator said on Wednesday climate change poses a major market risk and urged federal government action to address it, putting him at odds with the Trump administration which has often dismissed the issue. Read more: Reuters
Mining and trading giant Glencore has put its oilfields in Chad up for sale, three sources familiar with the matter said, in a retreat from its foray into oil production following asset writedowns over the past decade. Read more: Reuters
Huawei has ditched a product launch for the first time since the US placed it on a trade blacklist. It was reported that the Chinese tech firm had intended to unveil a new laptop as early as this week. Read more: BBC News