AGP Executive Report
Last update: 2 hours agoCabinet Continuity: President Hakainde Hichilema reappointed Situmbeko Musokotwane as Minister of Finance and National Planning, keeping economic management on track as Zambia pushes the Grow Zambia Agenda. Copper Market Boost: Copper prices rose above $14,200 per tonne, giving government and investors a stronger backdrop, though more mining output and investment are still needed. New Ministers Sworn In: Hichilema named Mulambo Haimbe (Foreign Affairs), Roma Chilengi (Health) and Gilbert Siame (Green Economy and Environment), urging ministers to deliver results and curb corruption. Parliament Gets Technocrats: Five MPs were nominated and sworn in, including economists and health leadership, signalling a skills-led approach to the second term. Mining Output Update: Jubilee Metals’ Zambian copper production more than tripled to 3,739 tonnes, but final sales lagged due to processing and refinery input pressures. Corporate Deal Watch: India’s Solar Industries plans to buy South Africa’s Omnia Holdings for about $1.36bn, with Zambia-linked operations in its regional footprint. Competition Probe: Zimbabwe’s regulator opened an investigation into Varun Beverages’ proposed stake acquisition in Dairibord Holdings. Public Finance Accountability: Solwezi Council HR was charged over alleged false accounting involving K100,000 meant for Labour Day celebrations. Digital Finance Push: MTN Mobile Money Zambia met presidential delivery officials to expand financial inclusion and drive the national digitalisation agenda.
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