| Company name | Group | Parent | Subsidiary | Customer | Supplier | Alliance | Bank | Shareholder |
|---|---|---|---|---|---|---|---|---|
| BII |
Zambeef Products Ltd. incorporated.
Secured concession to operate the butcher shops in all Shoprite stores in Zambia.
Acquired Huntley Farm (abattoir and feedlot).
Established Kalundu Dairy Farm for subsidiary Zammilk.
Listed on Lusaka Stock Exchange.
Acquired Sinazongwe Farm, Shoprite expansion into Nigeria & Ghana.
2005-2007: Sinazongwe Abattoir built.
First equity capital raise (Acquired Masterpork, Chiawa Farm, Amanita Soya crushing and refining plant).
Zampalm and Novatek Animal Feeds established.
Commissioned the Lusaka stock feed plant in March.
Listed on the London Stock Exchange (AIM).
Acquired Mpongwe Farms.
The Banker magazine recognized 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.
Entered into a joint venture with Rainbow Chickens on Zamchick & Zamhatch.
Built the Novatek Mpongwe mill.
Placed the first broiler parent stock at Zambeef’s Zamhatch enterprise in Mpongwe in April.
Secured a concession to operate the butcher shops in all Shoprite stores in Zambia.
IDC Zambia acquired 90% of Zampalm Ltd for US$16 million.
Sold Sinazongwe Farm for US$10 million.
Announced a major US$100 million expansion plan.
Started restructuring the Zambeef Group.
Zambeef Products plc announced details of an upcoming Shareholder Engagement Meeting and an Extraordinary General Meeting (EGM) scheduled for 10 February 2026. The meeting will involve shareholders independent of British International Investment Plc (BII) who will be asked to consider and approve a waiver of their rights to participate in a mandatory takeover offer (MTO).
Ms. Faith Mukutu, Chief Executive Officer of Zambeef Products PLC, represented the company at the Ninth Tokyo International Conference on African Development (TICAD 9) held 19–22 August 2025 in Tokyo. She participated in high‑level panel discussions at a side event titled “Building Sustainable Agri‑Value Chains to Boost Africa.”
Zambeef CEO Faith Mukutu visited the UK at the invitation of British International Investments PLC (BII) to engage in high‑level discussions with legislators, policymakers, regulators and investors. She also held one‑on‑one meetings with various stakeholders and said the tour went extremely well, highlighting Zambeef’s appreciation of the opportunity.
At a press briefing in Lusaka, the Kuomboka National Organising Committee welcomed Zambeef as the Platinum Plus sponsor for the 2025 Jubilee Kuomboka, pledging more than K400,000. The partnership underscores a commitment to celebrating Zambia’s cultural heritage and marks the 25th anniversary of His Majesty the Litunga Imwiko Lubosi II. Zambeef’s sponsorship will support event activities and community outreach.
Zambeef Products Plc reported revenue and volume growth for the financial year ended 30 September 2024, underscoring the group's resilience, agility and adaptability in a changing market and economic environment. The growth was highlighted at the company's Annual General Meeting, which also marked its 30th anniversary. The CEO, Ms. Fa, emphasized the company's continued commitment to sustainable growth.
Zambeef Products plc reaffirms its commitment to community development by launching the Walk A Mile In My Shoes campaign, which aims to provide school shoes to children in need across Zambia. The initiative underscores the company’s belief that education is essential for shaping the nation’s future leaders and reflects its core values of giving back to society.
Zambeef Products Plc donated water points worth K250,000 to Makanya village in Kafue District, Zambia. The installation includes three 3,000‑litre tanks and three 2,000‑litre tanks, strategically placed to serve over 300 households. The project aims to provide clean, safe water and support government efforts toward sustainable development.