Agriculture, Zambia Sugar PlcOctober 19, 2018

Zambia Sugar Signals “Higher EPS”
Zambia Sugar Plc recently notified shareholders through SENS Announcement that the Earnings per Share (EPS) for the financial year ended 31 August 2018 is expected to be approximately 65% higher than that for financial year ended 31 August 2017. Now before stakeholders get excited by a prospectively higher bottom line when they publish their financials […]

Agriculture, Zambeef Products PlcSeptember 22, 2018

Zambeef Operational Report – Francis Writes to Carl (Parody)
The following parody is based on Zambeef’s recent operational announcement published on LuSe. Dear Carl, It has been a couple of months since we last worked together. Life has not been the same since you left. Life at Zambeef has not been the same since you left. We had a beautiful adventure. We knew it […]

Agriculture, Zambeef Products PlcAugust 3, 2018

CDC Takes “Hold” of Zambeef Board
Zambeef, the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, on 27th July 2018 announced the appointment of Frank Braeken to its Board as a Non-Executive Director with immediate effect. Now this was no ordinary appointment. According to SENS announcement published on LuSE, “Frank is being appointed as […]

Agriculture, Zambia Sugar PlcJuly 11, 2018

Zambia Sugar to Reduce Work Force
When Zambia Sugar’s Corporate Affairs Manager Sally Namutowe made the July 2018 press statement that her company was engaging employees in effecting a voluntary separation program, we were not surprised that the sweetest company in Zambia was considering a cost reduction strategy to save its position. According to an extract from her statement, Sally indicated […]

Zambeef Products PlcJune 9, 2018

The Exit of Tim Pollock. Why leave when you are winning?
When the UK’s development finance institution, the CDC Group, announced its acquisition of a 17.5% equity stake in Zambeef Products for $65 million in 2016, the local food industry was taken by storm. Not only did this investment show the confidence in the Zambian local food industry, it showed that Zambeef was ready to scale […]

Zambeef Products PlcJune 9, 2018

ZAMBEEF Half Year Performance 2018
In a period that was marred by increases in fuel and electricity and the outbreak of foot & mouth and Cholera, it is impressive to hear a board Chairman be proud of his food producing company’s performance. Revenue for the half year period was up by 6%. This is the success that was echoed in […]

Agriculture, Strategy, Zambeef Products PlcFebruary 13, 2018

IDC under Attack
It has been an interesting start to the year 2018 for the custodians of all parastatals. IDC closed 2017 with a $15m purchase of ZAMPALM. While the ink was still drying following this acquisition, we learned through zambia24.com that their CEO Mateyo Kaluba (MK) had announced to a Parliamentary Committee on Parastatal Bodies chaired by Msanzala Member […]

Agriculture, StrategyJanuary 7, 2018

The Economics of Cholera
Financial Insight Zambia is saddened by the loss of life and prevailing outbreak of Cholera in our cities. Lusaka by statistics has been hardest hit by the epidemic and questions have arisen from many quarters as to what the solutions could be. Data coming in shows that the pandemic has affected more that 2000 of […]

Agriculture, Retail, Zambia Sugar PlcDecember 19, 2017

CCPC goes for Zamsugar: Understanding the Laws of Competition
In October of 2017 the Competition and Consumer Protection Commission (CCPC) board of commissioners fined Zambia Sugar PLC the sum of K76,728,650 which is 5% of their annual turnover as at 2013 as reported on the CCPC website. This came about as a result of price discrimination and what they (CCPC) found to be unfair […]

Agriculture, Zambeef Products PlcNovember 23, 2017

ZAMBEEF 2017 Analysis  
In a year that was marred with numerous endogenous and exogenous forces, Zambeef weathered a storm that ultimately came to bear as the company only saw revenues increase by 2.48%. Sentimental performance shows that retail sales revenue increased by 27.3%. The Zambeef Macro and Outlet stores saw 18.2% growth in sales. CCFP volumes increased by […]