Domestic
The Zambia Development Agency – ZDA has called on investors in the country to take advantage of the high returns investment opportunities on the Zambian market to re-invest their capital and profits to effectively contribute to the country’s development. Read more: Zambian Business Times
Zambia, in the grips of the worst drought since 1981, isn’t facing a food shortage and won’t declare the situation a national emergency, a government official said. Read more: MSN
Uganda and Zambia on Friday denied a report that employees of Chinese telecom giant Huawei had helped them spy on political opponents. Read more: Yahoo
International
Ghana will offer tax breaks of up to 10 years to automakers that set up local manufacturing plants, as the government seeks to attract international companies such as Volkswagen AG and Nissan Motor Co. Read more: Africa News
The U.S.-China trade war and uncertainty over Brexit pose risks to Africa’s economic prospects that are “increasing by the day,” the head of the African Development Bank (AfDB) told Reuters. Read more: Africa News
Months of political unrest in Hong Kong is threatening the city’s global status as a major financial hub. Read more: BBC News
White House economic advisor Larry Kudlow pushed back Sunday against concerns that the economy was weakening, after the bond market flashed a recession signal last week and the Dow suffered its worst day of the year. Read more: CNBC
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