Port records rise in cargo despite economic crisis. Mpulungu Harbor on Lake Tanganyika in Northern Province has registered an increase in cargo volume despite the economic crisis that has hit many countries due to the outbreak of coronavirus.
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CEEC Pumps K350 million in 3,000 SMEs
The Citizen Economic Empowerment Commission (CEEC) has disbursed over K350 million to over 3,591 small and medium size enterprises (SMEs) in various agricultural value chains. Read more in daily mail
ZRA launches Whatsapp tax payment platform TAX Compliance is expected to be accelerated in the county following the launch of a Whatsapp platform by Zambia Revenue Authority to ease the payment process. Read more in daily mail
INTERNATIONAL BUSINESS NEWS
Stock Futures Edge Up; Dollar Steadies, Gold Slips: Markets Wrap
The dollar steadied near a more than two-year low while stocks traded mixed in the wake of a fresh all-time high on Wall Street. U.S. and European equity futures rose. Hong Kong shares saw losses when trading resumed, with the market’s morning session cancelled due to a typhoon. Shares rebounded in South Korea from Tuesday’s slide and Australia outperformed. Dampening sentiment were lingering questions over the future of the U.S.-China trade pact after President Donald Trump said he called off last weekend’s trade talks. S&P 500 contracts climbed after the gauge closed above the previous Feb. 19 all-time high. Treasuries ticked higher.