AGP Executive Report
Last update: 10 hours agoDebt Relief Watch: Zambia’s annual external debt-service is projected to drop to about US$900m from 2026, down from an estimated US$2.6bn without restructuring, easing fiscal pressure and freeing money for education, health, agriculture and infrastructure. Cost of Living Push: President Hakainde Hichilema says his second-term agenda will be judged by two targets—cutting the cost of living and creating jobs—backed by inflation easing to 6.2% in August. Food Prices: ZNS has reduced Eagles mealie meal prices, with 25kg breakfast meal now at K185 (from K250) and roller meal at K145, aiming to keep the staple affordable. Election Fallout & Governance: Zambia’s opposition leader Brian Mundubile and running mate Makebi Zulu were held over alleged treason offences after a disputed election, raising concerns about democratic space and investor confidence. Trade & Industry: ZAFFICO has started work on Zambia’s first particle board factory (about US$25m) to cut import costs and boost local value addition. Regional Finance: NMB says it is expanding productive-sector lending, including mining, supported by over US$200m in external lines of credit. Infrastructure Deal: DR Congo and Angola signed a US-backed Lobito Corridor railway agreement to speed mineral transport to the Atlantic coast.
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