AGP Executive Report
Last update: 6 hours agoMonetary Policy Pivot: Bank of Zambia cut the Monetary Policy Rate by 25 basis points to 13.25%, citing cooling inflation (6.8% in April) and a steadier kwacha, while warning the Iran conflict could still push up fuel and food costs. Election Economy: The rate move lands as Parliament is set to dissolve, with hopes of easing loan costs even if the political mood stays sensitive. Manufacturing Comeback: Mulungushi Textiles in Kabwe reopened and is now swamped with orders, with government linking the revival to jobs and reduced import dependence. Mining Power Push: CEC says solar projects like Itimpi Two are helping stabilise electricity for Copperbelt mines as Zambia targets higher copper output. Copper Reality Check: Zambia’s copper output fell 4.27% in Q1 2026 to about 208,992 tonnes, though large-scale firms showed growth. Digital Identity: Zambia’s secure digital ID ecosystem took centre stage at id4Africa 2026, with a World Bank-backed ecosystem approach. Health Supply Gap: HIV drug supplies are falling short, raising pressure on prevention and treatment programmes. Geology Watch: Scientists say a new tectonic boundary may be forming in Zambia—another reminder that risk isn’t only economic.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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