Copper Sector & FX: Zambia extended the 10% export duty waiver on copper concentrates to September 30, covering 271,742 tonnes as smelter maintenance and processing constraints keep stocks building. Energy Resilience: ZESCO warned of possible power disruptions linked to El Niño and urged households to invest in backup solar solutions and net metering, while saying load shedding will be managed, not eliminated. Currency Watch: The kwacha pushed into the K17 bracket, trading around K17.65–K17.91 per US dollar, supported by copper inflows, a projected bumper harvest and improved debt management. Agriculture Outlook: ATPSUZ welcomed expectations of a near 5 million-tonne maize harvest for 2025/26, calling it a boost for food security and growth. Mining Operations: Jubilee Metals restarted Roan concentrator at full capacity after May maintenance, commissioning a new fine copper concentrate dewatering circuit and targeting 30,000 tonnes of ore per month. Policy & Social Protection: President Hichilema is set to sign five bills, including education amendments to lock in free education and pension reforms raising minimum pensions and improving benefits for members. Trade & Finance: IFC and Standard Chartered launched a $300m risk-sharing facility to expand supply chain finance across eight African countries, including Zambia. Local Tax Dispute: ZRA denied claims it impounded Tonse Pamodzi Alliance campaign trucks, saying interceptions are routine customs and tax compliance checks. Capital Markets: Vedanta’s CopperTech Metals is seeking a New York listing to fund expansion of Zambia’s KCM copper operations.