AGP Executive Report
Last update: an hour agoBanking & Credit Risk: The Bank of Zambia has warned of rising non-performing loans linked to public workers, saying some borrowers are bypassing debt-service-ratio rules through off-payroll lending, misrepresentation and taking multiple loans, while some lenders are not consistently using Credit Reference Bureau data. Debt & Power Financing: Zambia secured near-unanimous bondholder approval for a US$1.36bn debt buyback, refinancing costly Eurobond obligations with an AfDB loan to free funds for grid resilience and electricity upgrades. Road Infrastructure Finance: NAPSA says its US$300m role in the Lusaka-Ndola dual carriageway was based on commercial due diligence, not government direction, as it seeks long-term returns for contributors. Anti-Corruption Cooperation: Zambia’s Anti-Corruption Commission delegation concluded a study visit to Ghana’s Office of the Special Prosecutor, focusing on investigations, asset recovery, digital forensics and prosecution strategies. Election Economy Debate: Civil society CSPR doubts UPND’s 2-million jobs pledge, citing lack of a clear action plan, while political messaging around mealie-meal pricing and economic stewardship continues to heat up. Defence & Governance: Zambia’s Defence Force has been urged to stay non-partisan and uphold the rule of law as elections approach.
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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