Zambeef
IndustryFood, clothing
HeadquartersLusaka, Zambia
Key people
• Faith Mukutu (CEO)
ProductsMeat, dairy, eggs, animal feed, leather
Number of employees
5,000+
Websitehttp://www.zambeefplc.com/

According to its website, Zambeef is the largest beef producer in Zambia.[1] The company also provides feedlot services, and manufactures milk, chicken, eggs, leather and shoes. The company operates a fast food restaurant chain and a trucking company, including a fleet of refrigerated trucks. Zambeef grows crops, including wheat, maize, lucerne and soybeans, produces feed, and operates feed processing plants.[2] Its subsidiaries include Master Meats Production Company, of Nigeria.[3] The company's export business is active, especially throughout southern Africa.

Zambeef also has a concessionary agreement with Shoprite to run all their butcheries.

'Zambeef claims to have a good Corporate social responsibility programme, since 2007 it has supported the African football social enterprise Alive & Kicking, giving it space on its Zamleather site as well as start up contributions.[4]

Zambeef is listed on the Lusaka Stock Exchange with a market capitalisation of over US$70 million.[5]

In July 2022, Zambeef signed a ZMW 570.0 million (US$35.0 million) debt facility with the International Finance Corporation (“IFC”) to partially fund its Mpongwe Farm expansion of US$ 100.0 million that the company announced in June 2022.[6]

Operations

Data
Zambeef:

  • Slaughters 60,000 cattle per year
  • Produces 8 million liters of milk per year
  • Processes 3.5 million chickens per year
  • Produces 20 million eggs per year
  • Produces 120 million tons of feed per
  • Processes 90,000 hides per year
  • Operates over 80 retail butcheries
  • Operates the in-store meat departments of the Shoprite supermarket chain

Brands
Zambeef brands include:

  • Novatek
  • Zambeef
  • Zamchick
  • Zamchick Egg
  • Zamchick Inns
  • Zamflour
  • Zam Milk
  • Zamsip
  • Zamleather Limited
  • Zamshu

References

  1. ↑ "Home - ZAMBEEF Products PLC". ZAMBEEF Products PLC. Retrieved 2017-08-16.
  2. ↑ "Novatek animal feeds - ZAMBEEF Products PLC". ZAMBEEF Products PLC. 2010-03-11. Retrieved 2018-01-13.
  3. ↑ Geographical Representation
  4. ↑ "Alive & Kicking partners".
  5. ↑ "LuSE". www.luse.co.zm. Retrieved 2017-08-16.
  6. ↑ luse (18 July 2022). "SENS-Announcement-Zambeef-IFC-Funding" (PDF). luse.co.zm. Retrieved 19 July 2022.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.