AGP Executive Report
Last update: 5 hours agoAgriculture Finance: Access Bank Zambia plans to expand lending to farmers and SMEs, covering inputs, mechanisation, irrigation, storage and exports. It says it has facilitated more than K2.5 billion in digital payments to farmers. Investment: A delegation of about 20 French companies is in Lusaka for a trade mission exploring opportunities in mining, manufacturing, logistics, infrastructure, finance and technology. Mining: Barrick says construction of the Lumwana copper mill is on schedule, with first production expected in early 2028. The US$2 billion expansion is expected to more than double annual output to 240,000 tonnes. Budget: The K284.8 billion 2027 budget targets 4.9% economic growth, with domestic revenue projected to fund 82.1% of spending. ZRA says the proposed 39.5% PAYE rate would apply only to earners above K37,000 a month. Transport: The Zambia–Lobito railway is moving towards financial close, advancing plans for a major trade and mineral-export corridor.
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