AFMASS Southern Africa edition

AFMASS Southern Africa is the food & beverage and milling industry's premium conference and exhibition attended by key decision makers from Southern Africa Africa to trade, network and learn the latest processing, packaging and safety technologies. The 2018 edition of AFMASS Southern Africa Conference and Expo will be hosted at the New Government Complex in…

Zambian Breweries’ Plc profits increase six-fold as volumes surge

ZAMBIA - Zambian Breweries Plc has posted record breaking profits after tax of US$121.36 million during its 2018 financial year from just US$18.41 million in 2017 driven by increased beer volumes. In a statement announcing its audited financial results for the year ended December 31, 2018 said that the remarkable performance was mainly attributed to…

Zambeef Plc appoints Walter Roodt to succeed Francis Grogan as Chief Executive

ZAMBIA – Food products and agribusiness company, Zambeef Plc has announced the appointment Walter Roodt as the company’s chief executive director to succeed Francis Grogan. According to the statement by Pangea Securities Limited, Roodt will take over outgoing joint-chief executive officer Francis Grogan’s position when he retires by the end of this year. “Zambeef, the…

Zambia’s Health Minister backs utilisation of GM foodstuffs

ZAMBIA – Zambia’s Health Minister, Dr Chitalu Chilufya, said that Genetically Modified (GM) foodstuffs have been to have no adverse effects on human health hence assuring safety to consumers in the country. According to a report by NewDiggers Dr Chilufya said that the ministry had undertaken relevant studies on the safety of GM food stuffs…

EAZ backs Zambian Breweries Plc fight against unregulated alcohol

ZAMBIA – The Economics Association of Zambia (EAZ) has backed Zambian Breweries Plc efforts to stop illicit unregulated alcohol that is denying the nation more than US$100 million in unpaid annual taxes and duties. Unregulated and illicit alcohol in the country has had far reaching effects contributing to loss of revenue and moral degradation especially…

IDC Zambia launches palm out-grower scheme to boost local capacity

ZAMBIA – Industrial Development Group of Zambia (IDC), which controls the majority stake at ZamPalm Ltd, has launched palm out grower scheme as part company’s ambitions to boost palm oil production capacity in the country. Speaking during the launch of the out-grower scheme, Mr Mateyo Kaluba IDC Group Chief Executive Officer said that the firm…

Coca Cola gets regulatory approval to acquire Zambia’s Fairy Bottling

ZAMBIA – Coca Cola Beverages Africa (CCBA), the largest Coca-Cola bottler on the continent has announced that it has received the regulatory approval to acquire Zambia’s leading soft drinks manufacturer, Fairy Bottling Zambia Limited, reports Lusaka Times. The transaction includes Fairy Bottling’s production facility in Lusaka, Zambia and the sales and distribution infrastructure, with operations…

Zambeef’s Navotek division reports growth in new feed plant’s capacity usage

ZAMBIA – Novatek, the stockfeed division of Zambeef Products, Zambia's leading agribusiness enterprise, has said that it has seen significant production figures growth at its new Mpongwe animal feed plant. According to Walter Roodt, deputy managing director Zambeef, since the plant commenced operation in 2017, the company has reached a 44.4% production capacity utilisation at…

Beverage manufacturer Revin Zambia sheds 56 employees

ZAMBIA –Revin Zambia limited, a soft drink manufacture has sent 56 employees on circumstantial leave following the suspension of production and distribution of the product, reports Lusaka Times. This comes after Zambia Bureau of Standards and the Zambia Medicines Regulatory Authority have halted the production and distribution of the company’s popular energy drink, Power SX,…

Zambia’s Green Crop to invest US$72m in Paprika Production

ZAMBIA – Green Crop Field Investment Limited, a Zambia based company, has expressed interest in a Paprika Production and Processing Plant at an investing cost of US$72 million, reports Lusaka Times. Central Province Permanent Secretary, Chanda Kabwe says the US$72 million investment by the Lusaka-based company is part of the US $432 million that the…