Who owns Zambia Sugar Company?
Illovo Sugar Ltd.
Zambia Sugar/Parent organizations
How many employees does Zambia Sugar have?
Zambia Sugar Plc, is the largest sugar-manufacturing company in Zambia, with annual output in excess of 318,467 tonnes (351,050 tons) of crystalline sugar annually, as of November 2018….Zambia Sugar.
| Type | Public |
|---|---|
| Total equity | ZMW:1,412,679,000 (US$78 million) (2019) |
| Number of employees | 6,014 (2014) |
| Website | Homepage |
Is Zambia Sugar a monopoly?
The sugar production market is characterised by a monopoly – Zambia Sugar.
Where else is sugar commercially grown in Zambia?
Mazambuka which is located 150 kilometers away from Lusaka is the country’s sweet region as it is affectionately called and houses Zambia Sugar Head Offices. The company owns, operates and maintains Nakambala Sugar Estates. It cultivates over 77000 hectares of irrigated farmland.
Who owns Illovo Sugar?
Associated British Foods
Illovo Sugar Ltd./Parent organizations
Ownership of Business Illovo Sugar is a subsidiary of Associated British Foods plc which holds 51 percent of the issued share capital. Illovo acquired a controlling 60 percent share in the previously state-owned Sugar Corporation of Malawi (SUCOMA) in 1998 from Lonrho PLC and increased its stake to 76 percent in 2005.
Where is sugar grown in Zambia?
Does Zambia export sugar?
In 2019 Zambia exported 235,561 tonnes of sugar. In 2019 alone, the demand for Zambia sugar (processed category) has surged, with a change of 11.66 per cent compared to the year 2018. Between 2017 and 2019, sugar’s exports grew by 18.98 pc bringing the exporter US$116.25m for the year 2019.
How many hectares is Zambia Sugar?
…the Kafue Flats, where the Zambia Sugar Company has more than 25,000 acres (101,000 hectares) under sugarcane. Their refinery also serves nearby smallholder cane-growing projects. Zambia provides for its own needs and exports sugar.
Where is Illovo Sugar Company from?
Malawi
In Malawi, Illovo is the country’s sole sugar producer. Illovo/SUCUMA owns two production estates and factory operations (mills and refineries) at Nchalo and Dwangwa.
Where is Illovo Sugar located?
South Africa
Illovo Sugar Africa (Pty) Ltd based in Umhlanga, KwaZulu-Natal, South Africa is Africa’s largest sugar producer.
Does Zambia import sugar?
Zambia`s exports are mainly to Africa and the European Union (EU). Sugar imports are minimal. Zambia does not benefit from the U.S raw sugar tariff-rate quotas (TRQ).
Which is the largest sugar company in Zambia?
Zambia Sugar Plc, is the largest sugar-manufacturing company in Zambia, with annual output in excess of 318,467 tonnes (351,050 tons) of crystalline sugar annually, as of November 2018. The company stock is listed of the Lusaka Stock Exchange, where the shares trade under the symbol: ZSUG.
Where are the sugar cane estates in Zambia?
The company owns, operates and maintains Nakambala Sugar Estates, located in Nakambala, a suburb of Mazabuka, approximately 141 kilometres (88 mi) by road, southwest of Lusaka, the national capital and largest city in Zambia. The geographical coordinates of Nakambala are:15°49’58.0″S, 27°46’53.0″E (Latitude:-15.832778; Longitude:27.781389).
How many employees does zamsugar Sugar Company have?
The company also exports sugar to nearby regional African markets. Installed power/electricity generation capacity stands at 40MW for factory, irrigation and residential use. With 6000 employees at peak season we are the largest employer in Southern Province.
Where is the headquarters of ZSUG Sugar Company?
The company stock is listed of the Lusaka Stock Exchange, where the shares trade under the symbol: ZSUG. The company headquarters are located in the town of Mazabuka, in Mazabuka District, in the Southern Province, Zambia.
https://www.youtube.com/watch?v=uUCkNQR9fwI