2005 Company Profile

Strategy

To continue to expand our business in areas which the company believes it has a comparative advantage, not only within Zambia but within Sub-Saharan Africa, with the aim of being the leading food provider for the region.

Vision

To be the region's leading food provider.
 

Zambeef's Financial Performance

  • Consistent growth in revenue and profits over past 5 years
  • Revenues up over 300%
  • Profit after tax up over 500%
  • Significant profit growth anticipated in 2006

     See 6 year Financial Performance graphs

Zambeef Staff

  • Employs 1,385 workers throughout Zambia with a larger concentration in rural areas

Economic Contributions

  • Amongst the few local companies contributing in excess of  US$1.5m to Government revenue each year through taxes and duties

Zambeef's Strengths

  • Large re-investments
  • Highly Zambianised motivated work force
  • Concentration on activities and markets in which we believe we have a comparative advantage
  • High emphasis on efficient production
  • Amongst the few local companies contributing in excess of US$1.5m to Government revenue each year through taxes and duties

Our Growth Prospects

  • The business is fully vertically integrated and well diversified
  • The October 2004 acquisition of the 2,000 hectare Gwembe irrigation project offers significant profit growth for the next two to three years
    - 2,000 hectares of soya bean in the summer
    - 2,000 hectares of wheat and winter maize in winter
  • US$300k new milk processing plant commenced production in June 2005
  • Increased added value products (drinking yoghurt, cheese, cream)
  • Geographic opportunities in the region outside Zambia
  • Opportunities to leverage the Zambeef retail and distribution networks


2005 Annual Report Contents