Domestic
The Economics Association of Zambia says banks should consider waiving stringent loan requirements to boost access to finance for Small and Medium Enterprises. Read more: ZNBC
Former Republican President Rupiah Banda says tourism is one of the sectors that can help revive Zambia’s economy due to abundant natural resources. Read more: ZNBC
Government has accumulated US10 million in the Sinking Fund to use towards redeeming the Euro bond, Finance Minister Bwalya Ng’andu has said. Read more: The Independent Observer
President Edgar Lungu on Wednesday launched a project that will see the construction of houses for poor people across the country. Read more: Mena FN
Zambia Chamber of Mines president Goodwell Mateyo has cautioned government against proceeding with the sale of Konkola Copper Mines before the arbitration process in South Africa is completed. Read more: Diggers
International
The Bank of England has cut its forecasts for UK growth over the next two years. It also warned that a no-deal Brexit would hit the economy and trigger a further drop in the value of the pound. Read more: BBC News
US President Donald Trump has announced fresh tariffs of 10% on another $300bn of Chinese products from 1st September. Read more: Reuters
Jeff Bezos has sold more than $1.8 billion worth of stock, as the world’s richest person continues to sell his Amazon stake to fund his space venture. Read more: CNN
London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant. Read more: MSN
