Domestic
The liquidator for Konkola Copper Mines has taken charge of the assets of KCM to facilitate the transition process of liquidation. Read more: The Independent Observer
Minister of Finance Margaret Mwanakatwe has refuted reports of introducing exchange controls to arrest the Kwacha slide. Read more: The Independent Observer
Heightened trade tensions between the United States (US) and China, coupled with a strong dollar, have put pressure on the price of copper on the international market. Read more: Zambia Daily Mail
A consortium of civil society Organisations-CSOs says there is need to provide enough information on how the sales tax will be implemented. Read more: ZNBC
International
Morgan Stanley cut its worst-case forecast on Tesla’s stock from $97 to just $10 on Tuesday, citing concerns about the company’s increased debt load and geopolitical exposure. Read more: CNBC
Global trade tensions that are hitting growth and investment need to be dealt with at a multilateral level, the OECD’s chief economist told CNBC. Read more: CNBC
Theresa May made her final big gamble as prime minister on Tuesday, offering Labour a “new deal” that included the possibility of a second EU referendum in what she claimed was “the last chance” to deliver Brexit. Read more: Financial Times
Nike, Adidas, Under Armour, Foot Locker and other sneaker brands and retailers told President Donald Trump on Monday that proposed tariffs on imported shoes from China would be “catastrophic” for American consumers. Read more: CNN