| Zambeef | |
| Location: | Lusaka, Zambia |
| Key People: | • Faith Mukutu (CEO) |
| Num Employees: | 5,000+ |
| Industry: | Food, clothing |
| Products: | Meat, dairy, eggs, animal feed, leather |
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]
Data
Zambeef:
Brands
Zambeef brands include: