AGP Executive Report
Last update: 24 minutes agoCopper & Power Deals: Konkola Copper Mines (KCM) signed a US$498m EPC contract with China’s NERIN Engineering to build a Chingola tailings recovery plant targeting about 70,000 tonnes of copper a year, turning legacy waste into new output. Energy Expansion: The Zambian Development Agency (ZDA) signed an investment agreement with Ndola Vioqua Energy for a 450MW thermal power plant (US$450m) in two phases, with Copperbelt Energy Corporation set to buy the electricity and about 640 jobs expected. Anti-Corruption: The Anti-Corruption Commission (ACC) arrested three Itezhi-Tezhi officials over alleged theft of K16.7m from the Social Cash Transfer Programme, with court appearance pending. Governance & Politics: Government rejected a European Parliament resolution on Zambia’s post-election situation as premature and called for formal dialogue with EU institutions; meanwhile, the Electoral Commission validated 40 proportional representation MPs, including women, youth and persons with disabilities. Mining Governance Debate: Transparency International Zambia (TI-Z) hit back at the Chinese Embassy over claims tied to governance risks in Chinese mining. Mobile Market Watch: Safaricom widened its lead in Kenya’s mobile subscriptions to 69.8% while M-Pesa kept dominating mobile money with an 88.8% share.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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