AGP Executive Report
Last update: 3 hours agoCabinet Delivery Push: President Hakainde Hichilema swore in his first four Cabinet ministers for the renewed mandate, urging confidentiality, collective responsibility and results—warning there is “no room for non-performers” as the Grow Zambia Agenda targets jobs, Treasury revenue and business opportunities. Finance Continuity: Situmbeko Musokotwane was reappointed as Finance Minister, keeping focus on debt management and fiscal reforms as Zambia seeks an IMF programme before end-2026. Maize Export Caution: The Millers Association of Zambia wants government to regulate maize exports amid El Niño fears, even as FRA signed a deal to export 540,000 tonnes of maize to Kenya. Regional Trade Focus: COMESA renewed emphasis on women’s role in trade and cross-border business, highlighting barriers to finance, markets and decision-making. Mining & Power Deals: India’s Solar Industries agreed to buy South Africa’s Omnia Holdings for about $1.36bn to expand mining explosives and agriculture chemicals reach across Africa, while a South African group at a Zambian gold mine secured SKF automatic lubrication systems to improve mobile machine reliability and uptime. Investment & Markets: JPMorgan plans a new frontier local-currency bond index covering 26 countries including Zambia, aiming to deepen benchmark access to nearly $330bn of debt. Human Capital & Skills: Defence says it will recruit the second cohort of Voluntary National Service training before year-end, building youth skills for self-employment. Wildlife & Conservation: A pack of African wild dogs has completed a record 2,485-mile journey across Zambia, underscoring both resilience and the threat of illegal snares.
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