AGP Executive Report
Last update: 6 hours agoMacroeconomy Watch: Zambia’s inflation eased to 6.5% in June 2026, the lowest since early 2018, while GDP growth accelerated to 7.7% in Q1—good news for cost-of-living pressure. Business & Markets: NAPSA received a K3.2m dividend from BAT Zambia, underscoring steady returns for the pension fund. Corporate Performance: Zambeef’s first-half profit jumped 108.3% in kwacha terms, helped by improved margins and better power availability. Digital Payments: Visa and FMBcapital signed a five-year digital payments deal to deepen cashless services across Botswana, Malawi, Mozambique, Zambia and Zimbabwe. Mining & Investment: Zambia’s mining belt is drawing billions in new investment as the country pushes toward 3 million tonnes of copper by 2030. Energy & Infrastructure: Work on a 600MW thermal power plant in Sinazongwe is at 80% for key substation equipment procurement, with government urging local jobs and community integration. Transport & Tourism: The K740m Mansa airport upgrade is progressing, with major structures expected to be completed by December to boost regional access. Rural Electrification: Zambia’s REA team visited Tanzania to learn how rural electrification is driving local economic activity. Policy/Politics: ECZ faces pressure over ballot-printing sponsorship for parties ahead of the 2026 election.
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.
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