AGP Executive Report
Last update: 7 hours agoMining Investment: Zambia says it has no plans to fully nationalise mines, backing a model led by private investors with ZCCM-IH as a shareholder. The five-day Mining and Investment Insaka is set to open in Lusaka today, bringing investors and regional partners together to discuss value addition and jobs. Mopani Copper: Abu Dhabi’s IRH has reaffirmed its $1.1 billion commitment to Mopani, despite a recent dispute with ZCCM-IH over funding and operational obligations; the partners say they are also exploring wider mining opportunities. Jobs and Growth: A World Bank minerals compact targets 250,000 direct and indirect jobs by 2031, alongside a goal to lift copper output to three million tonnes a year. Revenue and Trade: ZRA says it is speeding up reforms to improve compliance and domestic revenue collection, while joint operations seized K22.5 million in smuggled goods and intercepted seven vehicles, including three reported stolen abroad.
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