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Home Opinion Economy

Daily FIZ – Thursday 28/03

Natasha Sichone by Natasha Sichone
March 28, 2019
Reading Time: 2 mins read
0

Domestic
The government has earmarked the agriculture and tourism sectors to boost the economy. A few organisations are facilitating in farming projects to help mitigate adverse economic conditions. Read more: Lusaka Times

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The Zambia Revenue Authority has projected reduced revenue collections in the aftermath of Cyclone Idai which has killed hundreds of people and displaced hundreds of others in Mozambique, Mozambique and Malawi. Read more: Lusaka Times

Government says it will establish a Cyber City meant to promote the growth of Information Communication Technology sector in the country. Read more: ZNBC

International

Theresa May gambled her premiership on a last-gasp attempt to win support for her Brexit deal, telling an emotional meeting with Tory MPs that she will quit in the summer if they vote for her plan to take Britain out of the EU. Read more: Financial Times

Acting U.S. Defense Secretary Patrick Shanahan said on Wednesday he would push ahead with plans to transfer $1 billion to help fund President Donald Trump’s wall on the U.S. border with Mexico, even as he acknowledged a likely backlash from Congress. Read more: Reuters

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Nigeria, Cote d’Ivorie, Ghana and Cameroon together produce 70 percent of the world’s cocoa product generating about $13 billion annually, while the end product of cocoa, chocolate, has a turnover of $105 billion. Read more: Business Chief

One of South Africa’s brand new $2 billion power plants, designed to supply the grid during peak-use periods, is defective and has been limited to operate at lower capacity. Read more: Bloomberg

The U.S. trade deficit narrowed by the most in 10 months in January by nearly 15 percent as imports fell and exports rose. Read more: Washington Post

 

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