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| 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 |
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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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]
