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 […]

Agriculture, Zambeef Products PlcMay 12, 2020

Ex-Zambeef CEO Francis Grogan to supply approximately 1480 cattle to the food processing company
Former Zambeef CEO Francis Grogan’s relationship with Zambeef remains strong following the company’s disclosure that he along with John Rabb, who are both related parties to Zambeef, will be supplying approximately 2823 cattle in 2020. “Zambeef, the fully integrated food producer with operations in Zambia, Nigeria, and Ghana, announces the following related party transactions involving [&hel

Agriculture, Zambeef Products PlcMay 6, 2020

ZAMBEEF bullish on 2020 FY performance
The fully integrated cold chain foods and retail company with operations in Zambia, Nigeria, and Ghana, Zambeef, has forecast satisfactory financial performance to be recorded in accordance with guidance estimates, according to a statement from the company. “The Group announces that for the year ending 30 September 2020, dollar revenue, EBITDA and EBIT and adjusted […]

Agriculture, Zambeef Products PlcApril 25, 2020

Sinazongwe Farm disposal complete
The sale of Sinazongwe farm to Chenguang Biotech (Zambia) Agri-Dev Limited by Zambeef has now been completed following the payment of the final installment, according to a statement from Zambeef. “Completion of disposal of Sinazongwe Farm Further to the Company’s announcements of 17 September 2019, 13 March 2020 and 8 April 2020, Zambeef, the fully […]

Agriculture, Zambeef Products PlcApril 13, 2020

Corona virus delays financial close of Sinazongwe Farm sale
Zambeef has announced that the completion of the sale of Sinazongwe Farm to Chenguang Biotech transaction has been delayed due to the Coronavirus (COVID-19) outbreak, according to a statement from the company. “Further to the Company’s announcement of 17 September 2019 and 13 March 2020, Zambeef, the fully integrated cold chain food processing and retailing […]