Zambeef Products

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

Industry	Food, clothing
Headquarters	Lusaka, Zambia
Key people	• Faith Mukutu (CEO)
Products	Meat, dairy, eggs, animal feed, leather
Number of employees	5,000+
Website	www.zambeefplc.com

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