Daily FiZ – Wednesday 10/07

Local Government Minister Vincent Mwale has disclosed that government is introducing ICT systems that will enable marketers pay money directly into the council account through a phone (mobile money) or bank card to avoid collection of hard cash by unscrupulous people which ends up depriving the council the much needed revenue. Read more: Zambian Business Times

According to Financial Times, Zambia has stoked fears among businesses about the rule of law following government’s plans to sell KCM. Read more: Zambian Observer

Economic Association of Zambia -EAZ- President Lubinda Haabazoka says the forth coming National Economic summit will be used to market the country’s investment potential. Read more: Lusaka Times

The Ministry of Finance has paid 90% of debt owed to small and medium scale contractors. Read more: ZNBC

President of the African Export-Import Bank (Afreximbank), Benedict Oramah on Monday in Niamey, Niger addressed the 12th Extraordinary Summit of African Union (AU) Heads of State, announcing a series of initiatives to support the implementation of the Agreement for the African Continental Free Trade Area. Read more: Africa News

An interest rate reduction by the Federal Reserve, if it were to happen, probably wouldn’t lead to a big increase in stocks, the chief U.S. equity strategist at Goldman Sachs told CNBC yesterday. Read more: CNBC

China’s car sales rose for the first time in a year last month, but the world’s largest market remains stuck in a deep slump that shows little sign of ending soon as the country’s massive economy slows. Read more: CNN

Top U.S. trade officials spoke with their Chinese counterparts Tuesday as Washington and Beijing work to iron out a trade deal. Read more: CNBC


Sharing is caring!

(Visited 19 times, 1 visits today)
The information contained on this website is for general information purposes only. While we endeavour to keep the information as accurate as possible, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or subject companies or matters contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
 right-arrow   right-arrow