AGP Executive Report
Last update: 7 hours agoTax & Revenue Drive: Zambia Revenue Authority says it is pushing domestic revenue higher, with its share of the national budget rising from 49.6% (2021) to a projected 73.1% in 2026, backed by tax reforms and modernised systems to curb leakages. Mining Investment Signal: Government’s 2022 mining tax reforms are credited with restoring investor confidence, with analysts pointing to changes like deductible royalties and a variable royalty linked to copper prices—while urging stable policy and more exploration and local processing. Domestic Revenue Tech Push: NRS and DigiTax highlight e-invoicing as a way to boost compliance and transparency, aiming to reduce invoice fraud and bring more businesses into the tax net. Solar Rollout: Government signs contracts for 2MW solar plants across 156 constituencies under the Presidential Constituency Energy Initiative, with battery storage added and grid connection via Zesco. Agriculture & Food Security Tension: Opposition leaders and commentators question delays in FRA maize floor price announcements, arguing moisture claims should not block pricing farmers can use to negotiate—while FRA says grain moisture affects long-term storage quality. Regional Trade & Infrastructure: China, Tanzania and Zambia reaffirm commitment to revitalise TAZARA at its 50th anniversary, while Lake Kariba marks Africa Border Day with new floating buoys to improve navigation and safety. Energy/Industry & Digital Skills: Smart Zambia Institute recruits UNZA graduates to drive digital transformation, and Zambia’s UNZA reports emergency sewer works at Great East Road Campus are complete. Business & Markets: Makor Resources says it is advancing a copper-led critical minerals strategy after a US$30m investment commitment, and Navitas Planet lands a USD 20m EPC contract for a 54MW solar project in Serenje. Leadership & Public Life: Zambia mourns former Vice President Guy Scott, who died at 82, with President Hichilema granting him a state funeral.
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.