Agriculture, Zambia Sugar PlcNovember 23, 2021

Consideration of Zambia Sugar PLC in Light of the Cop26
Zambia Sugar PLC is the largest sugar producer in Zambia with a capacity to produce more than 450,000 metric tons of sugar. The company has interest in growing sugar cane and producing raw sugar as well as specialty sugar products for domestic and export markets. The sugar market is largely private sector driven, highly concentrated […]

Agriculture, Zambia Sugar PlcNovember 4, 2021

Zambia Sugar Plc delivers a record performance for the financial year ended 2021
Lusaka Securities and Exchange listed sugar processing company, Zambia Sugar Plc, has advised shareholders that has recorded a record performance for the financial year ended 2021.   The Company has recorded a number of achievements including winning Illovo Group Awards for the Best Factory Performance at the Nakambala Factory, Best Safety award, Best Financial Management […]

Zambia Sugar PlcOctober 25, 2021

Zambia Sugar and Business Community Bid Farewell to Rebecca Katowa
At a gala dinner hosted by incoming Zambia Sugar CEO, Oswald Magwenzi along with many Zambian captains of industry bade farewell to Rebecca Katowa in style at Lusaka’s glitzy Neelkanth Sarovar Premiere Hotel on 23th October 2021.   Rebecca is the first female country director of Zambia Sugar a subsidiary of Illovo Sugar Africa. Rebecca […]

Agriculture, Zambia Sugar PlcSeptember 8, 2021

Zambia Sugar Announces Oswald Magawenzi as new CEO
Zambia Sugar PLC has announced the appointment of Oswald Magawenzi as its Country Manager Director, according to a statement from the company. Oswald who previous managed the Eswatini Illovo company takes over from Rebecca Katowa, the Zambian outfit’s first female Country CEO who resigned on 31 August 2021. According to the statement issued on behalf […]

Agriculture, Zambia Sugar PlcSeptember 6, 2021

Zambia Sugar’s First Ever Woman CEO Set to Exit The ‘Sweetest’ Boardroom
The only listed sugar cane growing and processing company on the Lusaka Securities and Exchange has announced the retirement of its first ever woman Chief Executive Officer of the Zambia outfit, according to a statement from the company. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Zambia Sugar PLC […]

Zambia Sugar PlcMay 21, 2021

Zambia Sugar expects improved performance at half year 2021
Zambia Sugar has reported that it expects a better earnings when it publishes its half year results, according to a statement from the company. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zambia Sugar PLC (“the Company”) hereby advises the Shareholders of the Company that the Earnings per […]

Agriculture, Zambia Sugar PlcMay 16, 2021

Zambia Sugar announces the appointment of Harriet ‘KK’ as Company Secretary
Zambia’s only listed sugar manufacturing company has announced the appointment of Harriet K Katongo as its new Company Secretary after the position fell vacant on 30th September 2020. “In accordance with Section 3.59(a) of the Lusaka Securities Exchange Listings Rules (“LuSE Listings Rules”), the Board of Directors (“the Board”) of Zambia Sugar PLC (“ZSUG” or […]

Agriculture, Zambia Sugar PlcNovember 10, 2020

Mutimushi exits the Zambia Sugar Board Room
Zambia Sugar has announced the resignation of its Company Secretary, Mwansa Mutimushi. “In accordance with Section 3.59(b) of the Lusaka Securities Exchange Listings Rules, the Board of Directors of Zambia Sugar PLC wishes to announce the resignation of Ms Mwansa Mutimushi as Company Secretary effective 30th September 2020”, read a statement issued by Finance Director […]

Agriculture, Zambia Sugar PlcNovember 6, 2020

Zambia Sugar stays strong despite COVID’s impact on 2020 profit 
Zambia Sugar is one of the largest companies on the Lusaka Stock Exchange with a market cap of K12.2 billion. Zambia Sugar shares trade at roughly K2.5 on the LUSE. The company was founded in 1964 and is estimated to produce between 300-400,000 metric tonnes of sugar annually. The company was listed on the Lusaka […]

Agriculture, Zambia Sugar PlcNovember 6, 2020

AN ANALYSIS OF ZAMBIA SUGAR FINANCIAL YEAR ENDED AUGUST 2020
With 2020, a year that has been ravaged by the adverse effects of Covid-19 leading to massive downsizing of the workforce by many companies and consequently cutting down on output coming to an end, most companies have also started concluding their financial calendars. The latest being Zambia Sugar Plc, which announced its financial results, in […]