Who We Are

Our Story

London AIM

3.25 GBP

0.00/

0.00

Volume:

Lusaka Stock Exchange

2.13 ZMW

Volume: 1549

Company Details

REGISTERED OFFICE

Plot 4970, Manda Road,
Industrial Area,
Lusaka, Zambia

Tel:+260 211 369 000
Fax:+260 211 369 050

Postal Address:
Private Bag 17, Woodlands,
Lusaka, Zambia

STORE LOCATOR

Feedback and Questions

    We’re Here to Help

    We value your feedback and comments and are always eager to hear from you. Whether you have a specific query or simply want to share your thoughts, feel free to reach out. You can contact one of our representatives directly or fill out our thoughts and questions form for a prompt response.

    For media inquiries, please contact media@zambeef.co.zm

    For investor relations inquiries, please contact ir@zambeef.co.zm

    For general inquiries , or if you would like to become a Novatek agent, please fill out our feedback and questions form.

    Report Unethical Behaviour

    Zambeef Products Plc has zero tolerance towards corruption. We remain committed to being a responsible corporate citizen and are dedicated to maintaining integrity and transparency in our community. To safely and anonymously report any unethical behaviour or misconduct that you have witnessed or experienced, please fill out the feedback and questions form with as much detail as possible. Every report is handled with the utmost seriousness and discretion.

    The journey

    From humble beginnings as a small butchery business, Zambeef Products Plc has grown significantly in three decades to become one of Zambia’s largest and most successful companies.

    1994

    Zambeef Products Ltd. incorporated.

    1995

    Secured concession to operate the butcheries in all Shoprite stores in Zambia.

    1996

    Acquired Huntley Farm (abattoir and feedlot).

    1998

    Established Kalundu Dairy Farm for subsidiary Zammilk.

    2003

    Listed on Lusaka Stock Exchange.

    2004

    Acquired Sinazongwe Farm, Shoprite expansion into Nigeria & Ghana.

    2005-2007

    Sinazongwe Abattoir built.

    2008

    First equity capital raise (Acquired Masterpork, Chiawa Farm, Amanita Soya crushing and refining plant).

    2009

    Zampalm and Novatek Animal Feeds established.

    2010

    Commissioned the Lusaka stockfeed plant in March.

    2011

    Listed on the London Stock exchange (AIM). Acquired Mpongwe Farms.

    2012

    The Banker magazine recognised Zambeef Products Plc’s US$ 55 million listing in London and rights issue in Zambia as 2012’s ‘Deal of the Year’ in Africa for equities. The magazine noted that the company’s initial public offering (IPO) on London’s Alternative Investments Market in June 2011 was significant, as it marked the first international listing for a Zambian company and was one of the few overseas African IPOs from outside the natural resources sector.

    2013

    Entered into joint venture with Rainbow Chickens on Zamchick & Zamhatch.

    2015

    Placement of the first broiler parent stock at Zambeef’s Zamhatch enterprise in Mpongwe in April. Built the Novatek Mpongwe mill.

    2016

    BII formerly known as CDC Group PLC acquires 38% Zambeef equity for US$65million. Put option settled to RCL Foods for full interests in Zamchick & Zamhatch.

    2017

    Secured concession to operate the butcheries in all Shoprite stores in Zambia.

    2018

    IDC Zambia acquires 90% of Zampalm ltd for US$16million.

    2020

    Disposal of Sinazongwe Farm for US$10million.

    2022

    USD$100 million major expansion plan announced.

    2023

    Started the restructuring of the Zambeef Group.

    The business today

    A “farm to factory to family” vertically integrated business

    Primarily known as a beef company, our scope extends far beyond that. Zambeef Products Plc is the largest integrated cold chain food products and agri-business in Zambia and one of the largest in the southern Africa region. Our extensive retail network offers quality beef, pork, poultry, dairy products, flour and bread. We manage large cropping operations and are one of the foremost commercial growers of wheat, maize and soya beans in the country.

    Through Novatek, we are one of Zambia’s leading stockfeed suppliers. Additionally, our company is involved in tanning hides and producing finished leather, shoes, and industrial footwear.

     

    We aspire to be the most sustainable social, environmental and financially viable business within our industry. With a focus on quality control, product differentiation and affordability, our portfolio encompasses the entire value chain. We prioritise the well-being of the end consumer and are known for our reliability and consistency, and for making a significant impact on local community livelihoods.

    Our strong working relationships with all key stakeholders is another cornerstone of Zambeef’s success. Our business significantly contributes to food security and employment in Zambia, and we are recognised as one of the country's top companies.

    Our robust business model includes the following operations per year:

    67 012 cattle

    slaughtered at 5 abattoirs

    12 089 cattle

    at 5 feedlots

    33 495 cattle

    processed at the meat processing plant

    7.1 million kg’s pork

    processed

    15.1 million chickens

    processed

    25.5 million day-old-chicks

    produced

    25.8 million litres of milk

    produced

    54

    butcheries

    55

    macros

    3

    wholesalers

    45

    Novatek stores

    41

    Zamshu sales points inside Novatek stores

    1

    flagship shoe store in Lusaka

    3

    Bakeries

    42 Shoprite

    butcheries

    7 800 hectares

    of crops under irrigation planted twice a year

    7 946 hectares

    of rainfed/dry-land crops

    118,336 grains

    RF and Irr (not including silage and RG)

    3 farms

    Huntley Farm in the Chisamba District, Chiawa Farm in the southern Zambezi valley, Mpongwe Farm in the Copperbelt Province

    44 950*

    wheat

    25 449*

    maize

    48 000*

    soya

    *tonnes produced

    50 000 tonnes

    of wheat milled

    3.4 million

    bread loaves baked

    360 000 tonnes

    of stockfeed produced at 2x Novatek mills

    144 000 wet hides

    processed by Zamleather tannery

    180 000 pairs of shoes

    processed by Zamshu

    Operate 27 butcheries

    in Nigeria and

    7 butcheries

    in Ghana

    Over 8 000

    employees

    Quoted on

    the Lusaka Securities Exchange and the Alternative Investments Market of the London Stock Exchange

    Our commitment

    Value for the nation

    Zambeef Products Plc remains true to the standards set by our founders, Carl Irwin and Francis Grogan. At Zambeef, we envision a future where our legacy extends to future generations. We are passionate about serving consumers with affordable, high-quality products and are driven by expansion plans, strategic growth initiatives and efficiencies achieved through innovation and technology investment.

     

    Commitment to growth

    The company is positioned for sustainable growth, ensuring that we are prepared to navigate future challenges and capitalise on emerging opportunities. Our expansion plans focus on supporting national and regional food security. These investments not only ensure national food security but also demonstrate our commitment to and belief in the country’s ambition to become the regional food basket.

     

    Promoting food security

    While the industry demands a strong commitment to food security, we go further by emphasising community impact and the importance of ongoing investment. By prioritising food safety in our processes, we are reinforcing our dedication to providing secure food sources for all our customers as we contribute to the overall well-being of the nation. We are proud to play a vital role in feeding the Zambian nation and beyond, fostering sustainable development and enriching the lives of those within the communities we serve through extensive engagement and support across our value chain.

    Supporting the local economy

    We deliver significant developmental impact to the Zambian economy through job creation, increased tax revenue and support for ancillary businesses such as small-scale farmers and small to medium-sized enterprises. A considerable percentage of our shareholding is owned by local institutional investors and pension funds.

     

    A commitment to sustainability

    We remain committed to maintaining a responsible business by building on our Environmental, Social and Governance (ESG) agenda. Climate change is one of the largest threats impacting agriculture, and we are working hard to become a sustainable business because agriculture is Zambia’s future. We are taking active measures to reduce our environmental impact and continuously seek to improve the health and welfare of our livestock.