Domestic
The World Bank has signed a Grant Agreement worth three million United States Dollars with the Ministry of Finance to extend electricity supply to rural areas. Read more: ZNBC
Zambia’s Ambassador to Germany Anthony Mukwita has urged the Zambian delegation to the Conference of climate change in Bonn Germany, to use the event to gather the latest scientific understanding of what is happening to the climate. Read more: ZNBC
Medeem and AB Bank have signed a deal to enable use of Medeem’s traditional land certificate known as ParcelCert as a required by Small and Medium Enterprises to access financing to develop their agriculture business. Read more: Lusaka Times
The Center for Trade Policy and Development – CTPD has noted the need by government to create a policy framework and conducive environment for small scale miners and energy sector players to thrive as they play a critical role in contributing to the overall national economic development. Read more: Zambian Business Times
International
The U.S. Federal Reserve, facing fresh demands by President Donald Trump to cut interest rates, is expected to leave borrowing costs unchanged at a policy meeting this week but possibly lay the groundwork for a rate cut later this year. Read more: Reuters
Huawei founder Ren Zhengfei has said international sales of the Chinese telecoms giant’s handsets have sunk 40% in the past month as a US-led backlash against the firm intensifies. Read more: BBC News
Two indicators in the aviation industry may be pointing to a economic downturn: declining demand for air cargo and a “peak” in aircraft orders last year, according to the executive chairman of CAPA Centre for Aviation. Read more: CNBC
Bitcoin’s stunning spring continues: It soared past $9,300 Monday, reaching its highest level in 13 months. Read more: CNN