AGP Executive Report
Last update: 34 minutes agoCopper theft crackdown: Zambia Police charged and arrested six people, including former Copperbelt police chief Yuyi Mwala and a Mufulira magistrate, over alleged theft of 436 copper cathodes worth about US$448,596, after a truck diversion from DRC to South Africa and a disputed release from police custody. Inflation steadies: ZAMSTAT said annual inflation held at 6.5% in July, with food inflation easing to 6.4% while non-food rose to 6.7%, as the kwacha’s strength helped keep import costs down. Mining policy push: Government says it is rebuilding geological data to unlock mining investment, while Zimbabwe’s parallel push at Mine Entra highlights how better databases and exploration finance can drive new discoveries. Election economy debate: Analysts warn the next administration faces an “economic test” as debt treatment by private lenders, fuel-price shocks and drought risks could shape growth and jobs. Agribusiness focus: ZADAC urged Zambians to invest in goat farming, pitching it as a quick-return, export-ready sector, while FRA maize pricing and payment timelines remain a key cost-of-living talking point. Banking stress abroad: Uganda’s dfcu Bank reported a Shs15.8bn half-year loss tied to costly legal battles, a reminder of how financial-sector disputes can quickly hit investor confidence. Regional trade & infrastructure: Zambia’s election and cross-border logistics backdrop continues, with plans for bigger ferry capacity at Kasambabezi Border Post aimed at boosting trade and tourism.
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