AGP Executive Report
Last update: 11 hours agoGrow Zambia Agenda & Fiscal Discipline: Government says fiscal discipline remains central as it transitions from stabilisation to stronger growth, releasing K16.1bn in August for public services, debt and social programmes, including K7.6bn for debt service and K4.1bn for the wage bill, while consultations are underway for the 2027–2031 Medium-Term Revenue Strategy. Economic Targets to 2031: An explainer on Hakainde Hichilema’s Grow Zambia outlines ambitious production and export goals—ranging from maize, electricity and copper to tourism and beef exports—framing the second term as turning stability into jobs and household income. Farmer Payments Go Digital: Access Bank Zambia says it has disbursed over K2bn to 113,000+ farmers via a digital platform with the Food Reserve Agency, with payments reaching farmers within 24 hours. Critical Minerals & Mining Drilling: Tertiary Minerals reports expanded silver-copper-zinc mineralisation at Mushima North, while Prospect Resources ramps up a 22,000-metre Zambia drilling push aimed at resource growth and a scoping study later in 2026. Banking & Trade Connectivity: Xinhua reports the RMB is gaining wider use across Africa beyond trade settlement, supported by payment infrastructure and deeper China-Africa economic ties. Corporate Leadership: Champion Breweries confirms Malolan Sampath has assumed office as MD/CEO from 1 September 2026. Governance & Value for Money: An economist argues expanded Parliament and new constituencies must deliver measurable development value through stronger CDF monitoring and minimum development standards.
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