AGP Executive Report
Last update: 8 hours agoFuel Prices Shock: The Energy Regulation Board has lifted October pump prices after six months of tax relief ended, with petrol rising to K31.46 and diesel to K33.27 per litre, plus kerosene and Jet A-1 also up as the Kwacha weakens and excise duty returns. Monetary Policy Move: The Bank of Zambia cut the Monetary Policy Rate by 2.5 percentage points to 10.75%, citing easing inflation and lower risks to the outlook. IMF Talks Begin: Government has started discussions with an IMF mission on a successor programme to the Extended Credit Facility, aiming to protect stability while pushing investment, exports and jobs. Cholera Update: Health authorities declared a new cholera outbreak with 304 cases and 11 deaths across seven districts in five provinces. Lusaka Politics & Courts: Lusaka Magistrates granted Celestine Mukandila K20,000 cash bail on forgery charges, while Catholic bishops warned of arbitrary arrests and shrinking civic space amid post-election tensions. Local Governance: Lusaka Mayor-elect Chitambala Mwewa vowed to clear street vendors from the CBD and plant palm trees after relocation. Energy & Industry: Arc Power plans a 10MW solar plant in Chinsali, and United Capital Fertilizer says it will expand capacity to boost urea and add ammonium nitrate production.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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