Domestic
Mines Minister Richard Mususkwa has urged Lubambe Mine to consider allocating portions of its mining extension project on the Copperbelt province to small scale miners. Read more: ZNBC
Newly appointed Minister of Finance Dr. Bwalya Ng’andu has confirmed that the implementation of sales tax is on and that government is currently addressing issues raised from the consultation process. Read more: Zambian Business Times
Zambia’s copper production dropped 4% to 393,419 tonnes in the first six months of the year, ministry of mines data showed on Thursday. Read more: Reuters
Transport and Communications Minister Brian Mushimba has approved the Air Service Permit submitted by Zambia Airways which is scheduled to starting operating in the last quarter of 2019. Read more: Zambian Observer
The amount of money transferred via mobile phone in Zambia during the first quarter of 2019 reached K8.15 billion, Ecofin reported citing statistics from the Central Bank. Read more: Telecom Paper
International
Public borrowing could double next year if there is a no-deal Brexit, the country’s spending watchdog says. The Office for Budget Responsibility (OBR) said borrowing would be almost £60bn if the UK leaves without a deal – up from £29.3bn if it does get a deal. Read more: BBC News
The number of electric car models available to consumers in Europe is expected to triple by 2021, says a European environmental lobby group. Read more: BBC News
Boeing on Thursday said it will take a $4.9 billion charge to the second quarter due to the worldwide grounding of its 737 Max planes after two fatal crashes. Read more: CNBC
Google is teaming up with an Australian developer to build $15 billion worth of homes, offices and retail space in the San Francisco Bay Area. Read more: CNN