AGP Executive Report

Last update: 4 hours ago

Macroeconomic Stability: Finance Minister Situmbeko Musokotwane says Zambia will protect the inflation gains of the past five years, while the 2027 budget will be growth-focused through jobs, new mines and deeper agriculture participation. Transport & Trade: Musokotwane argues Zambia needs railways because roads cannot move planned volumes of maize, copper and other exports, pointing to the Tanzania-Zambia Railway and Lobito Corridor, with Public-Private Partnerships to fund infrastructure. Mining Innovation: First Quantum says its Quantum Electra-Haul electric trolley-assist system is cutting diesel use by up to 90% at Kansanshi and Sentinel and improving haul efficiency. Power & Industry: ZDA signed an agreement for a $450m, 450MW Ndola Vioqua thermal plant, targeting base-load power for mining and industry. Copper Tailings Recovery: KCM signed a $498m EPC contract with China NERIN for a copper recovery plant to extract copper from legacy tailings, aiming to turn waste into capacity. Anti-Corruption: ACC arrested three Itezhi-Tezhi officials over alleged theft of K16.7m from Social Cash Transfer funds. Digital Economy: Liquid launched a new K300 Liquid Home package and enhanced 4G options to expand affordable internet access. Food Security: Government says Zambia has enough maize stocks to cushion El Niño impacts, while FRA reports growing interest from buyers including Kenya and others. UN Engagement: Foreign Minister Mulambo Haimbe arrived in New York for UNGA81 to advance the Grow Zambia Agenda and Zambia’s Human Rights Council bid. Business Environment: Lusaka City Council moves to ease congestion with road expansion, truck diversions and dedicated bus lanes. Finance Sector: LECON Finance (BOI subsidiary) received ‘B’ ratings from S&P Global Ratings, citing expected parental support.

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.

AGP Wire

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8 hours ago

Qingong expands Sinotruk distribution reach across Africa and Southeast Asia

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Go2Africa spotlights its top family safari picks for 2027

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Brenda Stevens recognized for advancing Ohio entrepreneurs

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Aug. 19, 2026

King Lewanika Lodge reopens in Zambia’s Liuwa Plain after full refurbishment

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Financial discipline, good governance key to investment

Financial discipline, good governance key to investment


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Sep. 18, 2026

Koryx Copper Announces Maiden Drill Program on Zambia Projects and Agreement to Increase Ownership to 80%

GlobeNewswire, Inc.

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8 hours ago

Five Reputable Sinotruk Global Distributors in 2026: Advancing the Global Commercial Vehicle Distribution Industry

EIN Presswire

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Sep. 15, 2026

The Resurrection of Zambia’s Lower Zambezi National Park

EIN Presswire

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Sep. 11, 2026

JUMO and Standard Bank launch Social Finance Framework to scale inclusive finance in Africa

GlobeNewswire, Inc.

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Aug. 28, 2026

Influential Women Highlights Brenda Stevens, MA, CBA®: Empowering Local Entrepreneurs And Strengthening Ohio Business

EIN Presswire

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Aug. 27, 2026

GWPO and partners launch Inaugural Global Ambassadors’ Forum for Water and Economic Diplomacy at World Water Week 2026 

Global Water Partnership Organisation

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