Domestic
Government says the hosting of expositions in various provinces across the country has helped attract investment in the region. Read more: Lusaka Times
Cabinet has deliberated on the growth prospects and the need to restore the Gross Domestic Product (GDP) growth on an upward trajectory in 2019 and over the medium term. Read more: The Independent Observer
The European Union- EU -has urged the government to tap into the newly launched EU external Investment Plan as a driver for economic development. Read more: ZNBC
Zambezi River Authority Board Chairperson Emelda Chola says African countries should embrace local mobilisation of resources for project development as a way of creating employment for the locals. Read more: ZNBC
International
Zimbabwe will subsidize public transport and cut fuel duties by more than half as it tries to ease the impact of rampant inflation on its poorest citizens, according to Finance Secretary George Guvamatanga. Read more: MSN
The stock market and economic outlook in the United States are “deteriorating,” according to an analysis from one of Wall Street’s top investment banks. Read more: CNBC
Investors have increased bets that the Federal Reserve will cut US interest rates not once but twice this year, to counter concerns about slowing global economic growth that have been inflamed by the worsening US-China trade war. Read more: Financial Times
Speculation that China could use its dominance in rare earth minerals as a weapon in the trade war intensified after a Chinese official warned that products made from the materials should not be used against China’s development. Read more: CNBC
Huawei is pressing on with its lawsuit against the United States, challenging the constitutionality of a US law banning federal agencies from buying its products. Read more: CNN