Zambeef Products PlcAugust 8, 2022

ZAMBEEF GROWS LUSAKA PRESENCE WITH MAKENI MACRO
  The country’s leading vertically integrated cold chain food products and agribusiness has continued in its expansion programme with the opening of a self-service macro and stockfeed outlet in Lusaka’s Makeni Bonaventure area. Lusaka Mayor Chilando Chitangala hailed Zambia’s leading food processor and retailer for the expansion drive progress in the provision of quality products [&hell

Zambeef Products PlcJuly 26, 2022

ZAMBEEF SUPPORTS LOCAL COMMUNITY WITH K250,000 WATER PROJECT
In an effort to provide easily accessible, clean and safe water to local people in its areas of operation, Zambeef Products Plc has donated water points valued at K250,000 to Kafue District’s Makanya village. The water points comprising of 3 3000 litre tanks and 3 2000 litre tanks- have been strategically placed at key locations […]

Zambeef Products PlcJuly 18, 2022

IFC and Zambeef Partner to Boost Food Security, Strengthen Agribusiness in Zambia
IFC and Zambeef Products PLC, one of the region’s leading agribusiness companies, are joining forces to boost food security and strengthen Zambia’s agricultural sector to create jobs and help fight poverty. IFC will invest lend up to K570 million (US$35 million) in to Zambeef to support the company’s three-year plan to expand its food production […]

Zambeef Products PlcJuly 18, 2022

ZAMBEEF – INTERNATIONAL FINANCE CORPORATION FUNDING
Zambeef (AIM: ZAM), the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, is pleased to announce that is has entered into a ZMW 570 million (US$35 million) debt facility with the International Finance Corporation (“IFC”) to partially finance its USD100 investment strategy as announced on 16 June 2022. […]

Zambeef Products PlcJuly 7, 2022

HOW ZAMBEEF’S INVESTMENT WILL BOOST A GROWING ZAMBIA
Countries with relatively small economic bases can generally point to their anchor institutions—including the manufacturing and extractive industries, or large private sector employers—as major contributors to their growth. In Zambia, mining operations anchor the economy, but another significant home-grown entity has grown to become a renowned brand that is creating its own economic impact acr

Zambeef Products PlcJune 29, 2022

FAITH MUKUTU NAMED AS NEW ZAMBEEF CEO
Zambeef Products has appointed Faith Mukutu as its new Chief Executive Officer with effect from July 1, 2022. Ms Mukutu (41) takes the top position as Zambia’s favourite integrated food producer and retailer enters a period of expansion that aims to support national and regional food security. She becomes the first Zambian CEO in the […]

Zambeef Products PlcJune 17, 2022

MINISTER OF FINANCE COMMENDS ZAMBEEF
Zambeef Products Plc, listed on the Lusaka Securities Exchange (LuSE) and the Alternative Investment Market (AIM) of the London Stock Exchange, has announced a US$100 million expansion plan that will double its crop production while adding associated value and capacity to the company’s stockfeed, meat production and processing facilities and retailing operations. At a board […]

Zambeef Products PlcJune 16, 2022

ZAMBEEF UNVEILS $100 MILLION GROWTH PLAN
Zambeef Products has unveiled a US$100 million expansion plan that will double its Mpongwe Farms crop production while adding associated value and capacity to the company’s stockfeed, meat processing and retailing operations. The investment will ensure national food security and boost the Zambian economy through job creation, increased tax revenue and a deepening of the […]

Zambeef Products PlcJune 16, 2022

ZAMBEEF Plc ANNOUNCE U$D100M INVESTMENT IN EXPANSION PROGRAM
Zambeef (AIM: ZAM), the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, is pleased to announce that the Board has agreed on a USD100m expansion strategy across its core operating divisions over the next three to five years. Funding is expected to come from cashflow generated from operations, […]

Zambeef Products PlcJune 15, 2022

Zambeef Release Half Year 2022 Financial Results
Zambeef has posted 45% increase in revenue and 40% increase in gross profit (in US Dollar terms) in comparison to the previous year, attributed to the appreciation of the kwacha, according to the Half Year Results issued by the company on 15th June, 2022. Performance Overview The period saw relative macroeconomic stability with the kwacha […]