Agriculture, Zambeef Products PlcDecember 3, 2020

An Analysis of Zambeef’s Financial Year ended 30th September 2020
Earnings season continues with the announcement of the financial results of Zambia’s biggest food distribution company. Zambeef in their press statement dated 2 December 2020, made available figures of how their financial year, ended 30 September 2020, went. Sales revenue standing at rose by 24% to K3.88bn from the revenue of K3.13bn accumulated in the […]

Agriculture, Zambeef Products PlcNovember 26, 2020

Zambeef Trading Statement – November 2020
As stated on 28 October 2020, the Group was pleased to announce that it expected to report audited dollar denominated revenue and EBITDA that is in line with current market expectations, with EBIT and adjusted Profit Before Tax* that are over 25% ahead of current market expectations. The Group is pleased to confirm this remains […]

Agriculture, Zambeef Products PlcNovember 9, 2020

Zambeef Year end Financial Performance for 2020
Performance overview Zambeef’s official financial year came to a close on 30th of September 2020, and with that came release of the company’s trading status as of then. According to their update, the Group seems to be thriving this particular financial year despite of all the set-backs and challenges they and the majority of other […]

Agriculture, Zambeef Products PlcNovember 1, 2020

ZAMBEEF Financial Year announcement
Zambeef the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, is pleased to provide the following update on its trading. The Group announces that, based on work undertaken to date, it expects to report, for the year ended 30 September 2020, audited dollar-denominated revenue and EBITDA that are […]

Agriculture, Zambeef Products PlcOctober 20, 2020

ZAMBEEF LEADING LOCAL BUSINESS IN FILLING COVID FOOD CHAIN GAP
CHISAMBA, ZAMBIA – Growing consumer confidence in local products has been welcomed by Zambeef Products as the retailing and agribusiness giant hosted Minister of Commerce, Trade and Industry Hon. Christopher Yaluma at its Chisamba operations. Zambeef Chief Operating Officer Mike Lovett said the company was encouraged by the increased acceptance of local businesses as key drivers […]

Agriculture, Zambeef Products PlcSeptember 30, 2020

ZAMBEEF BACKS GOVERNMENT’S LOCAL CONTENT DRIVE
A delegation of top government officials toured Zambeef Products and its Zamleather division this week to gain a deeper appreciation of the opportunities and challenges facing the private sector in accessing local and regional markets. The importance of increasing local content in the country’s manufacturing sector was a key theme to the tour. The visit, […]

Agriculture, Zambeef Products PlcSeptember 29, 2020

ZAMLEATHER PLEDGES CONTINUED SUPPORT FOR LOCAL CATTLE INDUSTRY
Zamleather has pledged continued support to the growth of the leather industry in Zambia and called for a crackdown on cattle rustling to help preserve the sector. The tannery and shoe division of Zambeef – and the company behind the popular Zamshu footwear brand – is committed to continue sourcing hides from local livestock farmers. […]

Agriculture, Economy, Zambeef Products PlcSeptember 26, 2020

ZAMBEEF WELCOMES 2021 BUDGET PROPOSALS
Zambeef Products has welcomed government’s 2021 Budget plans to increase import tax on all beef, pork, and chicken products to boost and support local production and bring flexibility in the trade. In his speech during the 2021 budget presentation in Parliament on Friday (September 25, 2020), Finance Minister Dr Bwalya Ng’andu announced government would increase […]

Agriculture, Zambeef Products PlcSeptember 23, 2020

ZAMLEATHER GEARS UP FOR BIGGER FOOTHOLD IN INDUSTRIAL SECTOR
Buy local, urges Zambian footwear brand Zamleather is positioning itself to take advantage of opportunities being created in Zambia’s mining, industrial footwear and PPE markets, with the company increasing its production capacity while building on operational efficiencies. Zamleather continues to operate the country’s largest tannery, producing wet blue hides and finished leather materials th

Agriculture, Zambeef Products PlcJune 21, 2020

Zambeef half year 2020 performance statement
This following is an extract of the Zambeef’s reported half-year performance according to the SENS announcement issued by Pangaea Securities on 17th June 2020.  Performance Overview The half-year period ended 31st March 2020 (HY 2020) saw Zambeef post encouraging results in the context of a very challenging macroeconomic environment. During this period, the Zambian Kwacha […]