AGP Executive Report
Last update: 4 hours agoFuel & Transport Costs: The Energy Regulation Board cut July pump prices, with petrol down K1.00 (K27.15→K26.15) and diesel down K4.00 (K32.11→K28.11), citing lower international oil prices and a firmer kwacha. Macroeconomic Watch: The IMF says Zambia’s reserves and inflation gains are real, but fiscal pressures intensified in 2026 due to weaker tax collection, election spending and agricultural subsidy overruns, warning the country must protect progress during the election period. Election Logistics & Transparency: ECZ begins printing August 13 ballot papers in Dubai with Al Ghurair, estimating US$5m for printing alone, while critics question the cost and oversight model. Reserves Debate: Economists and commentators continue to push back on “reserves” rhetoric, stressing reserves are for stability and currency confidence, not campaign talking points. Mining Governance: Zambia scores 81/100 in its EITI validation, reinforcing extractives transparency reforms. Education & Food Security: Government confirms a dedicated budget line of over K500m per year for school feeding, with partners supporting delivery. Regional Trade: ZimTrade is facilitating Zimbabwean firms’ participation in Zambia’s ZACS 2026 to tap buyers across SADC and COMESA. Business & Investment Signals: First Quantum announces its Q2 2026 results date (July 28) for investors tracking Zambia’s mining-linked performance.
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