AGP Executive Report
Last update: an hour agoTobacco Control Push: Zambia’s Parliament has unanimously passed the Tobacco Control Bill No. 40 of 2025, clearing it for possible presidential assent—aimed at cutting tobacco and nicotine harms through advertising bans, tighter sales rules, smoke-free public places, and limits on government dealings with the industry. Monetary Policy Signal: The Bank of Zambia cut the Monetary Policy Rate to 13.25% as inflation eases, projecting 6.8% for 2026—an election-period nudge that could gradually lower loan costs. ECZ Leadership Reset: President Hichilema swore in ECZ Vice Chairperson Vincent Mukanda and Commissioner Zevwanji Sinkala, urging credible, peaceful elections. Reserves Boost: Zambia’s gross international reserves hit a historic high of US$6.5bn, strengthening confidence and foreign-currency buffers. Mining & Power: Copper output fell 4.27% in Q1 2026, while energy diversification continues with new solar support for mining stability. Regional Trade Angle: China’s zero-tariff move for African goods is already being framed as a manufacturing opportunity for Zambia and the wider continent.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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