Zambeef earns K13bn from exports
ZAMBEFF Products Plc has exported soya cake, leather and finished school shoes worth K13 billion into Europe, China, South Africa and Zimbabwe.
Zambeef executive director Yusuf Koya said in an interview in Lusaka that finished school shoes and soya cake, were exported into Zimbabwe while, leather was shipped into China, South Africa and Europe.
“Soya cake is the main ingredient used to make stockfeed and is mainly exported to Zimbabwe.We could have exported a lot more but we have to satisfy the local demand first before we could go outside”, Mr Koya said.
“We have demand for our product not only in Zambia but in the region as well and we are struggling to satisfy demand and supplying the items is a great challenge. So we are short of beef, pigs, eggs, chickens and milk,” Mr Koya said.
He said the business had continued to grow and the expansion is headed by the growth of the Zambian economy.
He explained that the Zambian economy was recording the fastest growing rate in Africa excluding oil producing countries.
Zambeef is emerging as one of the leading agri-businesses in the region and has been involved in the production, processing, distribution and retailing of beef, chicken, pork, eggs, milk, edible oils, stockfeed, flour and bread.
The company is also one of the largest cereal cropping operations in Zambia with approximately 8,350 hectares of irrigated land and approximately 8,650 hectare of dry land, available for planting each year.
The group currently employees approximately 5,500 people.
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