AGP Executive Report
Last update: 5 hours agoBudget and Revenue: ZIPAR urged the government not to cut PAYE in the 2027 budget, arguing Zambia needs revenue to fund growth. ZRA says cooperation is essential to meet its K185 billion collection target; an Auditor General’s report also found 393 taxpayers owed K26 million in smart-invoicing fines. Copper Corridor: Preferred bidders have been selected for sections of the Lobito rail link, including the stretch from Chingola to the Angolan border, a key step towards improving access to export markets for Zambia’s copper. Business Expansion: UD Trucks has entered Zambia with Imperial Motors, opening operations in Lusaka, Kitwe and Solwezi to serve sectors including mining, agriculture and logistics. Currency and Farming: The kwacha weakened to K20.38 per dollar amid rising import demand, while forecasters warn El Niño could raise drought risks for crops and hydropower. Agricultural experts say healthier soils can help farms retain water and withstand dry spells.
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