Domestic
Government will seek the attention of SADC and AU regarding the traffic jam that has choked business at Kasumbalesa Border Post on the Copperbelt Province. Read more: ZNBC
The yield curve for Zambia’s Eurobonds, which are the worst performers in emerging markets in the past year, is increasingly inverted-meaning that shorter-dated securities have higher yields than those with longer maturities. Read more: Bloomberg
Nchanga Open Pit (NOP) is focusing on Zero harm, people development, production improvement projects and cost saving initiatives in order to achieve and sustain its contribution of 70 percent to the safe 400 plus production target. Read more: The Independent Observer
ZANACO Bank Plc has declared K9.2 million dividend to its shareholder the Industrial Development Corporation for the financial year ended 31st December 2018. Read more: Lusaka Times
International
IPO season is in full bloom and start-ups are rushing to the US markets for fresh funds. Read more: Financial Times
Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found. Read more: Reuters
Boeing has said it still does not know how the crisis over the safety of its 737 Max 8 jets will affect its profits. In its latest set of results, Boeing said that uncertainty over when the plane would be allowed to fly again meant it could not forecast profits for this year. Read more: BBC
The energy sector in the Middle East and North Africa will amass almost $1 trillion in investment over the next five years, as countries build out energy capabilities and pivot to renewables, according to new research. Read more: CNBC
Tesla reported a wider-than-expected loss and less revenue than anticipated during the first quarter as demand waned after the company lost a valuable tax credit for its buyers on January 1st. Read more: CNBC