Story of the Day
Zambia Sugar Plc has announced the resignation of its Finance Director Faith Mukutu after a year and seven-month spell at the sugar company: Financial Insight
Domestic Business and Finance
The Zambia Chamber of Mines has applauded the suggestion by Zambia’s Ambassador to Argentina, Alfreda Mwamba, that the mining association should consider a Memorandum of Understanding with its Argentine counterpart, the Camara Argentina de Empresarios Mineros (CAEM). Read more: Lusaka Times
Kantanshi Member of Parliament Anthony Mumba says he will present a private member’s motion in parliament which will compel all mining firms to set aside 30 percent of contracts to Zambians. Read more: ZNBC
Kantanshi Member of Parliament Anthony Mumba has called on government to come up with the right taxes for the mining sector in the 2020 national budget. Read more: ZNBC
International Business and Finance
After completing its one-week visit to Beijing, African Energy Chamber has secured over US$1.4 billion intensions to invest in mining, oil and gas, power and renewables. Read more: Business Chief
Activity in the UK’s manufacturing sector contracted at the fastest pace for seven years in August, a closely-watched survey has suggested. Read more: BBC News
The US has imposed fresh tariffs on $112 billion of Chinese imports such as shoes, nappies, and food. The new tariffs are a sharp escalation in the bruising trade war, and could cost households $800 a year. Read more: BBC News
The British government has launched a public information campaign urging businesses and individuals to prepare for Brexit. The “Get ready for Brexit” ads will appear on TV, in newspapers, on social media and billboards, and is reported to have cost up to £100 million ($120.8 million). Read more: CNBC
Chart of the Day: