Agriculture, Manufacturing, Zambia Sugar Plc, ZAMEFA PlcJanuary 31, 2020

Zambia Sugar unveils the ‘First Lady’ of manufacturing as a Non-Executive Director
The Boardroom of Nakambala Sugar Estate will now be graced by Roseta Chabala as Zambia Sugars’ latest addition to its illustrious Board, according to a statement from the company. “The Company wishes to announce the appointment of Mrs. Roseta Mwape Chabala as a non-executive director of the Board”, read a statement issued by Mwansa Mutimushi […]

Agriculture, Zambia Sugar PlcJanuary 31, 2020

Doug Kasambala appointed new Group Finance Director; Zambia Sugar Plc
The only listed sugar processing and manufacturing company, Zambia Sugar Plc, has announced the appointment of a new Group Finance Director following the resignation of Craig Taylor. “In accordance with Section 3.59(b) of the Lusaka Securities Exchange Listings, the Board of Directors of Zambia Sugar PLC wishes to announce the resignation of Mr. Craig Taylor […]

Agriculture, Zambeef Products PlcJanuary 5, 2020

A new ‘food processing’ era begins at ZAMBEEF
Integrated food retailer ZAMBEEF has announced the appointment of a new Board Chairperson and Chief Executive Officer at the company’s 2019 Annual General Meeting (AGM) held in Lusaka, Zambia in December 2019. “The Board is also delighted to announce that at an Annual General Meeting held on the 30th of December 2019, the Shareholders ratified […]

Agriculture, Zambeef Products PlcDecember 8, 2019

ZAMBEEF defies inflation, currency depreciation, and weather to report expected group income of K18 million
Zambeef has announced it expects turnaround results for the year ending September 2019 with group revenue and income well over K3 billion and K18 million respectively following a half year “scare” following concerns of the impact of both macroeconomic factors and the forces of nature.   “In accordance with the Lusaka Securities Exchange Listing Requirements, […]

Agriculture, Zambia Sugar PlcDecember 3, 2019

Raphael Chipoma switches ‘cement for sugar’ –  New CFO announced at Zambia Sugar
Zambia Sugar Plc has announced the appointment of Raphael Chipoma as the new Chief Financial Officer (CFO) of the company following convincing negotiations by the Rebecca Katowa management team in replacing the vacant position. “In accordance with Section 3.59(b) of the Lusaka Securities Exchange Listings Rules, the Board of Directors (“the Board”) of Zambia Sugar […]

Agriculture, Zambia Sugar PlcDecember 1, 2019

Zambia Sugar Plc announces Norman Mbazima as new Board Chair
Sugar processing company, Zambia Sugar has announced the appointment of Norman Mbazima as Board member and subsequently appointed him to replace the long-serving Fidelis Banda as Board Chair effective 1st November 2019. Following a unanimous “YES” vote on his appointment to the board at the recently held Annual General Meeting that was held at Radisson […]

Agriculture, Zambia Sugar PlcNovember 19, 2019

Increased Sugarcane supply for the financial year ending 31st August 2019
The financial results for the year ended 31 August 2019 show a marked improvement year on year for Zambia Sugar Plc. Despite facing several economic challenging conditions, the company made positive strides towards improving the financial position. The operational performance for the financial year showed an improvement compared to the previous financial years. Sugarcane supply […]

Agriculture, Zambia Sugar PlcNovember 6, 2019

Rebecca Katowa’s Zambia Sugar finally declares a dividend to shareholders
Zambia Sugar CEO Rebecca Katowa is scheduled to meet with shareholders of the LuSE listed company on the 28th November 2019 with her Board of Director`s recommendation that a dividend of K0.08 per share be paid for the financial year ending 31 August 2019. The announcement of a dividend comes over 4 years since the […]

Agriculture, Zambia Sugar PlcOctober 30, 2019

Zambia Sugar signals ‘sweeter’ financial year-end results for 2019
Zambia Sugar PLC expects to report a stronger earnings per share for the 2019 financial year, in comparison to 2018, when it publishes its audited financial statements on 7th November 2019. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zambia Sugar PLC (the “Company”) hereby advises the Shareholders […]

Agriculture, Zambeef Products PlcOctober 21, 2019

Zambeef’s cropping segment exceeds expectations
In early October 2019, food processing conglomerate Zambeef Plc announced that its half year fears of a weaker 2019 performance had been overturned by the outperformance from its Cropping division such that the full year estimates for 2019 for adjusted Profit Before Tax (PBT) was likely to be 20% higher than analyst’s expectations. “We are […]