AGP Executive Report
Last update: 5 hours agoBudget & Growth Agenda: Zambia’s Cabinet has approved the 2027 Budget Policy Concept Paper and the 2027–2029 Medium-Term Budget Plan, anchoring spending on the Grow Zambia Agenda with goals of job creation, single-digit inflation, a stable exchange rate, and stronger tax collection through digital systems. Tax Administration: ZRA says it has tightened controls on issuing Tax Clearance Certificates to curb evasion and illicit flows, after spotting firms registered with PACRA but operating without the right tax accounts. Finance & Markets: Lusaka Securities Exchange is set to list its first gold ETF before end-October, with Absa sponsoring, as the exchange lines up more listings and reports renewed investor demand post-election. Mining & Energy: Prospect Resources reports continued Phase 3 drilling success at Mumbezhi, while Zambia’s conservation and wildlife work also gets attention through high-profile visits. Corporate & Investment Signals: Absa Bank Zambia backs sports tourism via the Absa Marathon, and Prospect’s drilling update adds to investor interest in copper growth. Regional Trade & Transport: Stakeholders in Tanzania’s Kigoma discuss improving cargo movement and reducing delays and non-tariff barriers along Great Lakes routes. Legal & Governance: Two former PSs face separate legal proceedings, including allegations tied to a government vehicle and a major procurement-related loan obligation. Wildlife & Environment: African wild dogs record a 4,000km trek across Zambia, highlighting both resilience and the threat from illegal snares.
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.