Domestic
Businesses in Zambia have warned that a move to ration electricity to non-mining businesses could hurt industrial production and commercial services. Read more: Africa News
The Parliamentary Committee on National Economy and Labour has called on ZESCO to consider exploring alternative electricity generation sources apart from hydro power. Read more: ZNBC
Finance Minister Margaret Mwanakatwe says the distribution of Agro inputs under the Farmer Input support program FISP using the E-voucher has been infiltrated by fake Agro dealers who are siphoning money from the government. Read more: Lusaka Times
International
The International Monetary Fund (IMF) says Zimbabwe’s outlook remains uncertain, warning that the large fiscal adjustments needed will be politically and socially difficult to implement. Read more: MSN
Jay Powell, chairman of the Federal Reserve, signaled the central bank stood ready to cut interest rates, saying it would “act as appropriate to sustain the expansion” amid the economic impact of escalating trade wars. Read more: Financial Times
Donald Trump on Tuesday laid down the battle lines for negotiations on a future US-UK trade deal, insisting that a “phenomenal” agreement was possible but only if Britain’s National Health Service was part of the talks. Read more: Financial Times
Climate change is likely to cost the world’s largest public companies nearly $1 trillion over the next five years. But the opportunities for new products and services to reduce environmental damage could be worth much more. Read more: CNN