List of companies of Zambia

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Location of Zambia Zambia (orthographic projection).svg
Location of Zambia

The Republic of Zambia is a landlocked country in Southern Africa, [1] neighbouring the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique, Zimbabwe, Botswana and Namibia to the south, and Angola to the west. The capital city is Lusaka, in the south-central part of Zambia. The population is concentrated mainly around Lusaka in the south and the Copperbelt Province to the northwest, the core economic hubs of the country.

Contents

The Zambian economy has historically been based on the copper-mining industry. The discovery of copper is owed partly to Frederick Russell Burnham, the famous American scout who worked for Cecil Rhodes. [2]

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active     State-owned     Defunct
NameIndustrySectorHeadquartersFoundedNotes
Access Bank Zambia FinancialsBanks Lusaka 2009Commercial bank
Aero Zambia Consumer servicesAirlines Lusaka 1996Airline, defunct 2000
Bangweulu Power Company Limited Renewable Energy Solar power Lusaka 2017Owned by Consortium Members: Neoen, First Solar and IDC Zambia
Cavmont Bank FinancialsBanks Lusaka 2004Commercial bank
Chilanga Cement IndustrialsBuilding materials & fixtures Chilanga 1949Cement, LuSE:CHIL
Copperbelt Energy Corporation Utilities Electricity Kitwe 1997Power Generation and Transmission, Lusaka Stock Exchange:CECZ
Atlas Mara Bank Zambia Limited FinancialsBanks Lusaka 1986 Commercial bank, formerly Finance Bank Zambia Limited
First Alliance Bank Zambia Limited FinancialsBanks Lusaka 1994Commercial bank
FQM Trident Limited Basic MaterialsMining Kalumbila 2006 [3] Products: Copper Ownership: First Quantum Minerals 100% [4]
Indeni Petroleum Refinery Energy Petroleum Ndola 1973Products: Gasoline, Jet fuel, LPG, Asphalt, Fuel oil
Indo-Zambia Bank Limited FinancialsBanks Lusaka 1984 Commercial bank
Intermarket Bank FinancialsBanks Lusaka 1971 [5] Acquired by Afriland First Bank (Cameroon) in 2010
Investrust Bank FinancialsBanks Lusaka 1996Commercial bank, Lusaka Stock Exchange:INVE
Kansanshi Mining Plc [6] Basic MaterialsMining Solwezi 2005Products: Copper and Gold, JV Partners: First Quantum Minerals 80%, ZCCM-IH 20% [7] (LuSE:ZCCM)
Konkola Copper Mines Basic materialsNonferrous metals Chingola 1957 [8] Products: Copper, JV Partners: Vedanta Resources (UK) 79.4%. ZCCM-IH 20.6%
Lumwana Mining Company (LMC) Basic Materials Mining Lumwana 1999Products: Copper, 100% Owned by Barrick Gold [9]
Lusaka Stock Exchange FinancialsInvestment services Lusaka 1994Primary stock exchange
Mopani Copper Mines Basic MaterialsMining Kitwe Products: Copper, Cobalt
Mobile Transactions Zambia FinancialsSpecialty finance Lusaka 2009Money movement firm
Ndola Lime Company Limited Industrials Mining Ndola 1931Products: Limestone
Ngonye Power Company Limited Renewable Energy Solar Power Kafue 2018JV Partners: Enel Green Power and IDC Zambia
Railway Systems of Zambia IndustrialsRailroads Lusaka 2003Charter revoked 2012 [10]
Standard Chartered Zambia FinancialsBanks Lusaka 1906Commercial bank, part of Standard Chartered (UK), Lusaka Stock Exchange:SCBL
The Post Consumer servicesPublishing Lusaka 1991Newspaper
Times of Zambia Consumer servicesPublishing Ndola 1943Newspaper
Zambeef Products Consumer goodsFood products Lusaka 1994 [11] Beef producer, Lusaka Stock Exchange:ZMBF
Zambezi Airlines Consumer servicesAirlines Lusaka 2008Airline, defunct 2012
Zambia Airways Consumer servicesAirlines Lusaka 1964 flag carrier Airline, defunct 1995, Relaunched 2021. JV Partners: IDC 55%. Ethiopian Airlines 45% [12]
Zambia Daily Mail Consumer servicesPublishing Lusaka 1965State run newspaper
Zambia National Commercial Bank (Zanaco)FinancialsBanks Lusaka 1969Commercial bank, Lusaka Stock Exchange:ZNCO
Zambia Railways IndustrialsRailroads Lusaka 1905Railways
Zambian Airways Consumer servicesAirlines Lusaka 1948Airline, defunct 2009
Zambian Breweries Consumer goodsBrewers Lusaka 1963Brewery, Lusaka Stock Exchange:ZABR
Zambia Sugar Consumer Goods Agriculture Mazabuka 1964 Sugar, Lusaka Stock Exchange:ZSUG
ZAMNET TelecommunicationsFixed line telecommunications Lusaka 1994ISP
ZamPost IndustrialsDelivery services Ndola [13] 1896 [14] Postal service
Zamtel TelecommunicationsFixed line telecommunications Lusaka 1994Telecom
ZCCM Investments Holdings Basic materialsNonferrous metals Lusaka 2000Nationalized copper mines, Lusaka Stock Exchange:ZCCM
ZESCO Utilities Electricity Lusaka 1970Power Generation, Transmission & Distribution

List of Largest Firms

Top ten firms by revenues in ZMW.

NameFY2021 Revenue (ZMW)SourceNotes
First Quantum Minerals Zambia (FQMZ)72,828,000,000 [15] Zambia operations of First Quantum Minerals, Kansanshi and FQM Trident (Sentinel) Mining Operations
Lumwana Mining Company Limited (LMC) [16] 16,835,000,000 [17] Zambia operations of Barrick Gold Based on USD$962m
Mopani Copper Mines Plc 14,927,500,000 [18] Based on USD$853m (2021 ZMW spot conversion) in extraction at Mopani Copper Mines.
Konkola Copper Mines Plc 11,978,400,000 [19] Based on USD$1,085m (2019 ZMW Average year ended 31 March 2019) in operations
Copperbelt Energy Corporation 5,985,000,000 [20] Based on USD$342m (2021 ZMW spot conversion) revenues.
Puma Energy Zambia5,841,402,000 [21]
Zambia Sugar 4,989,980,000 [22]
Zambeef Products 4,974,351,000 [23]
Zambia National Commercial Bank 3,511,658,000 [24]
Zambian Breweries 3,068,959,000 [25]
Metal Fabricators of Zambia2,424,306,000 [26]
Chilanga Cement 2,113,725,000 [27]

See also

Related Research Articles

<span class="mw-page-title-main">Economy of Zambia</span> National economy of Zambia

Zambia is a developing country, and it achieved middle-income status in 2011. Through the first decade of the 21st century, the economy of Zambia was one of the fastest-growing economies in Africa, and its capital, Lusaka, the fastest-growing city in the Southern African Development Community (SADC). Zambia's economic performance has stalled in recent years due to declining copper prices, significant fiscal deficits, and energy shortages.

<span class="mw-page-title-main">Chingola</span> City in Copperbelt Province, Zambia

Chingola is a city in Zambia's Copperbelt Province, the country's copper-mining region, with a population of 216,626. It is the home of Nchanga Copper Mine, a deep-shaft high-grade content copper mining operation, which subsequently led to the development of two open pit operations, Chingola Open Pit and then Nchanga Open Pit.

<span class="mw-page-title-main">First Quantum Minerals</span> Canada based mining company

First Quantum Minerals is a Canadian-based mining and metals company whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016.

<span class="mw-page-title-main">Kitwe</span> City in Copperbelt, Zambia

Kitwe is the third largest city in terms of infrastructure development and second largest city in terms of size and population in Zambia. With a population of 517,543 Kitwe is one of the most developed commercial and industrial areas in the nation, alongside Ndola and Lusaka. It has a complex of mines on its north-western and western edges.

<span class="mw-page-title-main">Mazabuka</span> Town in Zambia

Mazabuka is a town in the Southern Province of Zambia. It is the capital of Mazabuka District, one of the thirteen administrative units in the Southern Province. The name Mazabuka originates from a Tonga local language word "kuzabuka" which means "To cross over the river". The name should have been "mwazabuka" which translates to "you have crossed". However, due assimilation, the name became "Mazabuka" which nonetheless translates to "you have crossed". It is believed that the name was coined after the Tonga people crossed the Kafue River near a place called Nanga during their migrations.

<span class="mw-page-title-main">Nkana F.C.</span> Zambian football club

Nkana FC is a football club based in Kitwe, Zambia. The football team competes in the MTN Super League, the top division of Zambian football. Nkana FC has won 13 League titles, which made it to be Zambia's most successful league club, and second overall behind Mufulira Wanderers, with 52 trophies. They play their home games at Nkana Stadium in Wusakile, Kitwe.

<span class="mw-page-title-main">ZCCM Investments Holdings</span> Zambian mining company

ZCCM Investments Holdings is a successor company to Zambia Consolidated Copper Mines Limited, of Zambia.

<span class="mw-page-title-main">Lusaka Stock Exchange</span> Stock exchange in Lusaka, Zambia

The Lusaka Stock Exchange is the principal stock exchange of Zambia. Founded in 1993, it is located in Lusaka. The LuSE is a member of the African Stock Exchanges Association.

<span class="mw-page-title-main">Konkola Copper Mines</span> Zambian copper mining company

Konkola Copper Mines is a copper mining and smelting company in Zambia. It is 80% owned by Vedanta Resources, a mining conglomerate based in Mumbai and London.

<span class="mw-page-title-main">Chilanga Cement</span>

Chilanga Cement is a company of Zambia. Chilanga is principally a cement company, producing cement and cement clinker. The company also sales aggregates from a quarry it operates in Chilanga. The company is headquartered in Chilanga (Lusaka), Zambia which is close to Lusaka, the national capital.

<span class="mw-page-title-main">Zambia National Commercial Bank</span> Commercial bank in Zambia

Zambia National Commercial Bank, commonly referred to by the name "Zanaco", is a commercial bank in Zambia. It is licensed by Bank of Zambia, the central bank and national banking regulator. In 2021, Zanaco became the first bank in Zambia to register ZMW1bn in profit after tax.

Cavmont Bank Limited is a commercial bank in Zambia. It is licensed by the Bank of Zambia, the central bank and national banking regulator.

Standard Chartered Zambia, officially Standard Chartered Bank Zambia Plc, commonly known as is a Stanchart Zambia, is a commercial bank in Zambia and a subsidiary of Standard Chartered. It is licensed by the Bank of Zambia, the central bank and national banking regulator.

Mining in Zambia produces several minerals and is a critical part of the country's economy. Copper comprises 70% of Zambia's total export earnings, and the country produces about 20% of the world's emeralds. Mineral resources are distributed throughout the country. Zambia produced 763,287 metric tons of copper in 2022.

Mopani Copper Mines PLC is a Zambian company owned by ZCCM Investment Holdings.

Zambian Breweries Plc is part of Anheuser-Busch InBev (ABInBev), the largest brewer in the world, with more than 400 beer brands and some 200,000 employees in over 50 countries.

Kansanshi mine is a large copper and gold mine located in Solwezi in the North-Western Province of Zambia. The mine is approximately 14 kilometers north the town of Solwezi. Kansanshi is one of the largest copper reserves in Zambia, with estimated reserves of 727 million tonnes of ore graded at 0.86% copper.

The Lumwana mine is a large copper mine located in north-west Zambia in North-Western Province. Lumwana is owned by Barrick Gold and represents one of the largest copper reserves in Zambia and in the world having estimated 5.014 billion pounds of proven and probable copper reserves of ore grading 0.68% copper.

<span class="mw-page-title-main">Copperbelt Energy Corporation</span>

Copperbelt Energy Corporation Plc (CEC) is a Zambian electricity generation, transmission, distribution and supply company with operations in Zambia and Nigeria. The company is listed on the Lusaka Stock Exchange

References

  1. ↑ "United Nations Statistics Division- Standard Country and Area Codes Classifications (M49)". Unstats.un.org. 31 October 2013. Retrieved 11 April 2014.
  2. ↑ Juang, Richard M. (2008). Africa and the Americas: culture, politics, and history : a multidisciplinary encyclopedia, Volume 2 Transatlantic relations series. ABC-CLIO. p. 1157. ISBN   978-1-85109-441-7.
  3. ↑ "Company Search". PACRA. 18 April 2022. Retrieved 18 April 2022.
  4. ↑ "Project - Kansanshi Copper Mine". IM-Mining. 21 February 2022. Retrieved 18 April 2022.
  5. ↑ "Intermarket Bank AG: Private Company Information". Bloomberg. Retrieved 2017-12-20.
  6. ↑ "Kansanshi Copper Mine". Mining Technology. 24 February 2014. Retrieved 18 April 2022.
  7. ↑ "Project - Kansanshi Copper Mine". Mining-Technology. 24 February 2014. Retrieved 18 April 2022.
  8. ↑ "History & Milestones | Konkola Copper Mines Plc". Kcm.co.zm. Retrieved 2017-12-20.
  9. ↑ "Barrick Gold keen on further opportunities in Zambia". Bloomberg. 24 March 2022. Retrieved 19 April 2022.
  10. ↑ DVV Media UK. "ZRL takes charge as Zambian concession revoked". Railway Gazette. Retrieved 2017-12-20.
  11. ↑ Zambeef Products Plc - an agribusiness involved in production, processing, distribution and retailing Archived 2016-12-20 at the Wayback Machine
  12. ↑ "Zambian Airline". Simple Flying. 12 August 2021. Retrieved 18 April 2022.
  13. ↑ Zampost". "Zambia Postal Services Corporation". Zampost.com.zm. Retrieved 2017-12-20.
  14. ↑ Zampost (1994-07-01). "Zambia Postal Services Corporation". Zampost.com.zm. Retrieved 2017-12-20.
  15. ↑ africanfinancials (6 April 2022). "ZM-FQMZ-2021-AR". africanfinancials.com/. Retrieved 18 April 2022.
  16. ↑ Lusaka Times (14 December 2019). "barrick-lumwana-mining-company-boosts-local-businesses". lusakatimes.com. Retrieved 19 April 2022.
  17. ↑ s25.q4cdn (2022). "doc_financial-annual_reports-2021-Barrick_Annual_Report_2021" (PDF). s25.q4cdn.com. Retrieved 10 May 2022.
  18. ↑ "MCM HAS SHOWN POTENTIAL FOR RETURN ON INVESTMENT". ZCCM Investments Holdings Plc. 2022-01-18. Retrieved 2022-04-30.
  19. ↑ miningnewsfeed (2019). "reports-annual-Vedanta_Resources_PLC_AR_2018_2019" (PDF). miningnewsfeed.com. Retrieved 10 May 2022.
  20. ↑ LuSE (10 Mar 2022). "CECZ-FY-DECEMBER-2021-ABRIDGED-FINANCIALS-SENS-10032022" (PDF). luse.co.zm. Retrieved 18 April 2022.
  21. ↑ africanfinancials (11 March 2022). "zm-puma-2021-ab-00". africanfinancials.com. Retrieved 13 May 2022.
  22. ↑ africanfinancials (25 January 2022). "zm-zmsg-2021-ar-00". africanfinancials.com. Retrieved 13 May 2022.
  23. ↑ African Financials (30 November 2021). "zm-zamb-2021-ab-00". africanfinancials.com. Retrieved 18 April 2022.
  24. ↑ LuSE (9 March 2022). "ZANACO-FY-2021-ABRIDGED-FINANCIALS-09.03.2022" (PDF). luse.co.zm. Retrieved 19 April 2022.
  25. ↑ LuSE (7 March 2022). "Zambrew-Abridged-Results-31-December-2021-SENS-07032022" (PDF). luse.co.zm. Retrieved 19 April 2022.
  26. ↑ African Financials (31 January 2022). "zm-zamefa-2021-ar-00". africanfinancials.com/. Retrieved 18 April 2022.
  27. ↑ African Financials (7 March 2022). "zm-chil-2021-ab-00". africanfinancials.com/. Retrieved 18 April 2022.
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