AGP Executive Report
Last update: 8 hours agoDebt-for-energy Deal: Zambia cleared a key hurdle in a $1.36bn debt buyback, unlocking funds for power expansion, with the government aiming to redirect savings into electricity infrastructure. Power Stability: ZESCO says nationwide load shedding is not expected to return this year, citing improved generation and stronger links with independent power producers and traders. Illicit Financial Flows: Zambia lost an estimated US$3.5bn to illicit financial flows over five years, while Tax Justice Network Africa urges tougher, African-led action to protect domestic resources. Mining & Growth: Copper output rose to 890,345.79 tonnes in 2025 and is projected to exceed one million in 2026; Shuka Minerals also reported strong zinc grades from a third drill hole at Kabwe. Markets & Business: Airtel Zambia crossed US$1bn market cap on the LuSE, and MTN launched MTN One TV to push into cheaper video streaming. Policy & Social: Government released K48m for ZAMPOST retirees’ terminal benefits, and water treatment chemicals were zero-rated to cut costs in the water sector. Education: Hichilema signed a law making free education a legal right.
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