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Zambeef Products

Zambian food company

Field	Value
name	Zambeef
logo	ZAMBEEF LOGO.png
location	Lusaka, Zambia
key_people	• Faith Mukutu (CEO)
num_employees	5,000+
industry	Food, clothing
products	Meat, dairy, eggs, animal feed, leather
homepage

According to its website, Zambeef is the largest beef producer in Zambia. 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.

Its subsidiaries include Master Meats Production Company, of Nigeria. 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.

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

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.

Operations

Data

Zambeef:

Slaughters 80,000 cattle per year
Produces 8 million liters of milk per year
Processes 3.5 million chickens per year
Produces 25million 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

"Home - ZAMBEEF Products PLC".
(2010-03-11). "Novatek animal feeds - ZAMBEEF Products PLC". ZAMBEEF Products PLC.
"Geographical Representation".
"Alive & Kicking partners".
"LuSE".
luse. (18 July 2022). "SENS-Announcement-Zambeef-IFC-Funding".

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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