Daily FiZ – Thursday 27/06

The Ministry of Tourism and Arts has received of over 5-Million Kwacha from the Ministry of Finance, as funding for statutory bodies. Read more: ZNBC

ZANACO has advised Government to be forthright and transparent in communicating matters affecting the economy. The Bank says this is the only way to curtail negative sentiments that are affecting growth. Read more: ZNBC

The Industrial Development Corporation -IDC- has directed the ZESCO Board of Directors to suspend employment of new staff and freeze all vacant positions unless in exceptional circumstances. Read more: Zambian Observer

President Edgar Lungu says there is need to unlock the socio economic potential on the Copperbelt Province. Read more: Lusaka Times

Zambia’s High Commissioner to India Judith Kapijimpanga has invited solar companies in India to consider investing in Zambia where there is power deficit because India now has surplus solar energy. Read more: The Independent Observer

Up to 43 African countries have joined a list of nations wanting an end to a U.S. veto on judicial appointments at the World Trade Organization, a statement showed on Wednesday. Read more: Africa News

New figures from the Department for International Trade show that investment in the UK by overseas firms has declined sharply in recent years. Read more: BBC

Bitcoin could be headed for another meteoric rise, but it’s clear the cryptocurrency hasn’t shaken the curse of volatility. Its value surged on Wednesday, passing the $13,000 mark, before it shed about $1,000 within minutes. Read more: CNN

Huawei does not have any company-sanctioned projects cooperating with China’s military and does not customize products for use by the country’s armed forces, the tech giant’s legal chief told CNBC on Thursday. Read more: CNBC

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