AGP Executive Report
Last update: 3 hours agoRegional Trade: Zambia’s new COMESA vice-chairmanship could help local businesses reach a market of more than 680 million people, as traders showcased goods and sought cross-border opportunities at the summit in Harare. Public Spending: Government has presented a K19.9 billion supplementary budget, including K14.7 billion for maize farmers. Value Addition: Zambia has launched its first gold refinery, capable of processing gold to 99% purity, aiming to formalise small-scale mining and boost export earnings. Mining Investment: The Zambia Development Agency signed a US$122 million investment agreement with Rongxing for a copper project in Kalulushi. Transport: Japan’s US$6.3 million grant will fund railway maintenance equipment, intended to improve service reliability and cut freight delays. Local Industry: Oil marketers warn that a fuel supply and distribution deal involving Dangote Refinery could disadvantage Zambian firms unless local companies get fair access to infrastructure.
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