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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.
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Industry | Food, clothing |
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Headquarters | Lusaka, Zambia |
Key people | • Faith Mukutu (CEO) |
Products | Meat, dairy, eggs, animal feed, leather |
Number of employees | 5,000+ |
Website | www |
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
editData
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
edit- ^ "Home - ZAMBEEF Products PLC". ZAMBEEF Products PLC. Retrieved 2017-08-16.
- ^ "Novatek animal feeds - ZAMBEEF Products PLC". ZAMBEEF Products PLC. 2010-03-11. Retrieved 2018-01-13.
- ^ Geographical Representation
- ^ "Alive & Kicking partners".
- ^ "LuSE". www.luse.co.zm. Retrieved 2017-08-16.
- ^ luse (18 July 2022). "SENS-Announcement-Zambeef-IFC-Funding" (PDF). luse.co.zm. Archived from the original (PDF) on 2022-07-19. Retrieved 19 July 2022.