Domestic
Zambia Revenue Authority (ZRA) has revealed that only two mining companies out of 12 major corporations have been declaring profits for over a decade. Read more: Daily Mail
Zambia has maintained third position in the sugar production category in Common Market for Eastern and Southern Africa (COMESA) region, with most of the raw produce exported to the European Union, United States of America and China. Read more: Daily Mail
Patents and Companies Registration Agency -PACRA- has registered 27,000 companies countrywide from 2018 till to date. Read more: ZNBC
Minister of Energy Matthew Nkhuwa has called for more private sector investment in the development of Biofuels in Zambia. Read more: ZNBC
Government says the decision to abolish Value Added Tax -VAT- and replace it with Sales Tax is aimed at stopping the refund debt escalation and increase revenue collection to support social development programmes. Read more: ZNBC
International
Kenya and the US will be seeking to strengthen ties on investments and trade, security and defence, governance and multilateral issues such as in the United Nations or African Union. Read more: MSN
Uber and Lyft drivers are logging off ride-hailing apps and taking to the streets in cities around the world to protest against working conditions and wages. Read more: CNBC
Bitcoin bull Michael Novogratz told CNN Business that the crypto currency will triple over the next 18 months and return to its all-time high of nearly $20,000. Read more: CNN
China has promised to take “necessary countermeasures” against the U.S. if Washington follows through on its threat to increase tariffs Friday on Chinese goods. Read more: CNBC
