Says new BoZ Governor should facilitate access to COVID-19 relief. Cross border traders have called on Bank of Governor Christopher Mvunga to facilitate access of the coronavirus relief fund among member of the cross borders traders association to help them kick start their businesses, which have been hi had by the pandemic.
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Luapula gets electrical cassava dying facilities
The cassava value chain in Luapula Province is expected to be accelerated by the setting up of drying facilities by Kemiko, which will facilitate the supply of the commodity of processors.
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INTERNATIONAL BUSINESS NEWS
Stocks Stall Near Global Record; Treasuries Dip: Markets Wrap
A rally in global stocks stalled within a whisker of February’s all-time high as investors mulled the pace of the recent gains and expectations for loose monetary policy. Treasuries edged lower. Shares underperformed in Shanghai and Australia, with more muted moves and low volumes elsewhere across Asia. European futures ticked up and S&P 500 contracts were steady after a fresh U.S. record on Tuesday, helped by gains in Facebook Inc. Crude oil traded near the highest in five months as Hurricane Laura bore down on key refining facilities on the U.S. Gulf Coast. The dollar edged up and gold retreated.
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