Domestic
Zambia has advanced plans to upgrade the Copperbelt University – CBU, the University of Zambia – UNZA and Northern Technical College – NORTEC in order to offer training in Nuclear Science. Read more: Zambian Business Times
Zimbabwe and Zambia chose General Electric Co. and Power Construction Corp. of China to build a $4 billion hydropower project straddling their border, Zimbabwean President Emmerson Mnangagwa said. Read more: Bloomberg
Zambia’s outgoing High Commissioner to the United Kingdom Mr. Muyeba Chikonde has stated that micro-finance could contribute to foreign exchange. Read more: The Independent Observer
The Ministry of Commerce, Trade and Industry with the support of the World Bank has launched a new component of the Zambia Agribusiness and Trade Project dubbed Market Connect aimed at promoting SMEs in the agribusiness. Read more: ZNBC
MGC Galaxy of Dubai has expressed interest to invest in 3.5 million U.S dollar ICT sector on the Copperbelt. MGC Galaxy Chief Executive Officer Abraham Salyam says technology is key to sustainable development. Read more: ZNBC
International
Big companies are scrambling to grab a share of the $150bn global cannabis market, eyeing products as diverse as beer and dog treats. Read more: BBC News
Big tech groups such as Facebook could “rapidly establish a dominant position” in global finance and pose a potential threat to competition, financial stability and social welfare, according to the Bank for International Settlements. Read more: Financial Times
The White House on Saturday outlined a $50 billion Middle East economic plan that would create a global investment fund to lift the Palestinian and neighboring Arab state economies, and fund a $5 billion transportation corridor to connect the West Bank and Gaza. Read more: CNBC
Boosted by a weaker dollar and fresh enthusiasm for cryptocurrencies, bitcoin surged past $10,000 for the first time in a year. Read more: CNN