AGP Executive Report
Last update: 4 hours agoMacroeconomic Stability: Bank of Zambia says Zambia is nearing stability in commodity prices, pointing to June inflation easing to 6.5% from 6.6% in May. GDP Rebase: ZAMSTATS has selected 2023 as the new GDP base year to better reflect today’s economic structure and improve policymaking accuracy. Public Finance: Government released K49.1bn in June—K34.9bn for debt service and arrears buyback, K5.5bn for the wage bill, and K4.2bn for social support and transfers. Security & Governance: Zambezi Province has just one police officer for every 201 residents, with stock theft and cross-border crime still straining law enforcement. Mining & Investment: Patriot Resources reports a new high-grade copper-silver discovery at its Tonic prospect in Mumbwa, while ZRA says only 10 mines out of over 2,000 pay 80% of mining revenue. Regional Trade & Infrastructure: TAZARA modernisation plans under President Hichilema aim to boost the Zambia–Dar es Salaam corridor, and the Lobito Corridor secured $753m financing for upgrades. Digital Finance & Markets: BoZ says all investors can buy government securities if they meet account requirements, as Zambia’s securities market opens further.
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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