AGP Executive Report
Last update: 6 hours agoZambia–Korea Economic Push: Lusaka is urging South Korea to move from pledges to financing, industrial investment and technology partnerships, with deputy cabinet secretary Siazongo Siakalenge calling for implementation roadmaps as Seoul expands Africa engagement. Energy Security Deal: ZCCM-IH has agreed terms with China’s Wonderful Group Services to build a 600MW coal power plant in Sinazongwe, aimed at easing Zambia’s baseload shortfall. Debt Cost Relief: Economist Prof Lubinda Haabazoka backs Zambia’s Eurobond buyback plan, saying repurchasing expensive bonds could cut future debt servicing and free budget space. Rural Connectivity: Government has started feeder roads worth K230m in Rufunsa and Luangwa under the World Bank-backed Improved Rural Connectivity Project, targeting completion by Dec 2026. Mining Legal Shock: Trafigura has won a $92m London arbitration award against ZCCM Investments over a Konkola Copper Mines prepayment dispute. Education & Compliance: Zambia’s public is reminded to be cautious as Ghana’s GTEC flags 70 unrecognised tertiary institutions, including some operating in Zambia. Health & Safety: Africa CDC warns Ebola risk is rising due to lack of licensed vaccines for the Bundibugyo strain and intense cross-border movement, with Zambia listed among high-risk countries. Sports Sponsorship: First Capital Bank and Hashtag Fitness launch a K40m regional padel cup across countries including Zambia, feeding into a finale in Botswana.
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