AGP Executive Report
Last update: 3 hours agoGold Value Addition: Zambia has launched its first gold refinery, designed to process gold to up to 99.99% purity. The facility aims to keep more mineral value at home and formalise small-scale mining, though its impact will depend on reliable supply and commercial output. Regional Trade: At the COMESA summit, President Hichilema urged member states to trade more with one another, while Zambia handed over land in Lusaka for the bloc’s new headquarters. Infrastructure: Japan is providing US$6.3 million for Zambia Railways maintenance equipment, a grant intended to support rail operations and the Grow Zambia agenda. Investment and Budget: The Zambia Development Agency signed a US$122 million copper investment deal with Rongxing, while Government presented a K19.9 billion supplementary budget, including K14.7 billion for maize farmers.
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