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ZAMBEEF Injects $6m in ZAMANITA
ZAMBEEF Products Plc has pumped US$6 million in Zamanita to expand the plant’s edible oil crushing capacity and production efficiencies.
The investment is expected to increase the crushing capacity to 100,000 metric tonnes per annum, increase percentage extraction of crude oil and provide improved crude oil refinery.
Company chief executive officer Francis Grogan said Zamanita’s performance has been erratic since its purchase in 2008 due to a number of challenges.
Mr Grogan cited expensive stock, forward contracts, volatile commodity prices, inefficiencies in production and tax legislation as some of the challenges that the company was facing.
Zamanita is a subsidiary of Zambeef Products, the country’s largest edible oil producer that sells palm, soya and cotton seed oils as well as animal feed cake.
In the executive report in the company’s 2011 annual report, Mr Grogan said during the year Zamanita crushed 23 percent more soya beans and 152 percent more cotton seed leading to an increase in cake production of 27 percent.
“Critical to Zamanita is the availability of soya beans. However, domestic and regional demand for soya beans far outweighs supply and Zamanita has not been able to capitalise on its potential for soya bean crushing due to insufficient supply,” he said.
He said following the acquisition of Mpongwe farm, the group will now have capacity to internally produce up to 40,000 metric tonnes of soya beans and be less reliant on external supply.
He said once the Zampalm project in Mpika commences, Zamanita will stand to benefit through refining and selling of palm oil at a lower cost than current importation.
“The anticipated increase in the group’s soya beans output is the key driver for margin improvement at Zamanita. With sufficient internal and external supply of soya beans we anticipate Zamanita becoming even more important to the group,” he said.
Meanwhile, Zambeef opened seven new retail outlets and refurbished eight outlets this year. Zambeef currently operates 31 retail outlets in Lusaka, 33 in Copperbelt and 22 across the rest of Zambia.
Mr Grogan said an average monthly turnover growth from the new outlets has been K500 million.
The average monthly turnover from the two wholesale centres has been K2.6 million and an average increase from the refurbished stores has been 29 percent.
Zambeef has continued to partner with Shoprite, Africa’s largest food retailer with 1,246 stores and 274 franchise outlets in 16 countries across Africa and the Indian Ocean islands.
Mr Grogan said West Africa is an exciting growth division within the group as the company continues to expand its presence in Nigeria and Ghana’s Shoprite.
Posted by
ba zambia
December 21, 2011 at 11:42 am
Thats news batumfeko. thats the kind news we need and not sex sex sex kind of shit. me i am happy with that kind of investment in our country.
nakferd
December 21, 2011 at 12:41 pm
gud investment.but let me tell you,zambeef has the most cruel type of management.i personaly worked with grogan,salaries are pathetic,firing and hiring,the union is threatened,the old witches holding on to positions dont need qualified fresh brains.working hours for those in butcheries are pathetic,rights of workers are infringed,the list is long but afew are mentioned.get these facts and help their employees.
Worker
December 21, 2011 at 1:54 pm
Good news thanx!now mwebantu salary below pa pazamanita safety katwishe tapanba kuna security ni number one!
nshilimubemba
December 21, 2011 at 2:03 pm
That is the news people want hear, please find such kind of news it is about hope in our nation and the way forward
Katwishe
December 21, 2011 at 2:45 pm
Who will help us at Zamanita? We are tired of lower salaries & no safety please people or goverment imwe help us!!!
kabova
December 21, 2011 at 3:03 pm
yaba. not such kinda story better more of mutati and kaingu. its more money in their pockets….k100 000 x-mas bonus eloninshi twalipalauka bad and how much for them.PF why sure.nachinkalipa zoona.
shasha
December 21, 2011 at 3:43 pm
@kabova dont comlain so much,maybe things might change for the workers aswell,nishi atleast there is ka development.we need to apreciate even the small things making a change pa zed.
Kubeba
December 21, 2011 at 3:45 pm
Good investment now why Zambeef has poor condition 2 workers?Zamanita workers gets nuts as salary WHY?
zanja lalemba
December 21, 2011 at 3:50 pm
If Mr. Grogan reads this here
is some word of advice,u have sweated for this company to be where it is now together with yo friend BUT please Human resource is one key important asset every succeseful company boast about and your company seems to give respect to THE SO CALLED EXPERTRIATES how does one become an expertriate by handling petty cash and goes home with a double salary DOLLAR and KWACHA, the treatment especially in your farms by these BOARS is so inhuman,untill these issues are addresed your investment does not really benefit Zambians.
Twachuula
December 21, 2011 at 3:58 pm
@Shasha please just go & investigate yourself big thing are bad our quiet does not mean all is very well please let as stand 2gether 2 evict wrong services we are going though please help just 2 much pa Zamanita or Zambeef companies!!!
zanja lalemba
December 21, 2011 at 4:16 pm
It looks so attractive from the outside nomba ingilamo,ZAMBEEF is like a very beatiful well shaped lady whose HIV positive you cant tell by looking,looks are deceiving.
M P
December 21, 2011 at 4:22 pm
Why is Zambeef like this sure kwena it is 2 much kwena we have head alot of bad things about this company?
nakferd
December 21, 2011 at 5:20 pm
@ dzanja lalemba,you are right.now,there is mr kashila the so called HR,our felo zambians are the ones perpetrating bad conditions of service and then thats why bazungu have gone in extremes.go to their farm in chisamba,u will simply cry.what pains are peanuts of salaries in their butcheries.yet per day z sales amount to minimum of K15,000,000 per outlet.butcheries inside town even go up to 30 to 50 million per day per butchery.try to help these people please.firing and hiring is the story of the day.its a pitty ladies and gentlemen.nidzina cabe yakut am working,just to keep you surviving.
party girl
December 21, 2011 at 7:43 pm
Zamanita chinama nshi kanshi???
IRIS
December 21, 2011 at 8:11 pm
Does Zambeef/Zamanita mean less money in Zambians pockets & no safety???
David Werrity
December 22, 2011 at 7:06 am
And who said Chinese are the worst?
twachula
December 22, 2011 at 9:17 am
(1)-zambeef has employed grade 7 managers who get about 17m as basic salary,people with professional trades get
get 1.2m as basic.
(2)-mistreating & firing workers at huntley farm in chisamba is the order of the day,the same CEO(groogan)
fires workers verbally at any time he feels like.
HELP;
We are appearing to the pf government to come & visit our workers so that they can learn more about this selfish co.the mmmd goverment used to get sponsorship
from zambeef thus why it did not bothe to monitor/check them,
SLAVERY IS BETTER THAN WORKING FOR ZAMBEEF……THIS GROOGAN…….NO……
Geloo
December 22, 2011 at 10:13 am
Good investment but i wished they also invested in our salaries. They are so pathetic and general cleaniness in and around the plant is terrible. May they look at our salaries first????
Geloo
December 22, 2011 at 10:13 am
Good investment but i wished they also invested in our salaries. They are so pathetic and general cleaniness in and around the plant is terrible. May they look at our salaries first????/
ba zambia
December 22, 2011 at 11:20 am
Talk about expatrites, elo i hate the coloureds who think they are more humanthan others by always cursing and insulting others. sure mwe bantu, i wish we coud for once treat these coloureds the way they are treated in SA.Zamanita along pumps more money of all the zambeef group companies. i fllowed their annual reports but the same zamanita has the worst salaries. Skin matters in zambeef.
Iris kaingu
December 22, 2011 at 11:21 am
Any big ballies their???
RODWELL
December 22, 2011 at 12:43 pm
****** WHITES, ONE DAY PEOPLE WILL BE WILL ACT THIER ZIMBAMBWEN COUNTER PARTS ( GRAB ALL AVAILABLE LAND FROM THESE CHAPS)
RODWELL
December 22, 2011 at 12:44 pm
****** CHAPS, LEARN TO PEOPLE WELL YU MAKE ALLOT OF MONEY
chewe
December 22, 2011 at 1:46 pm
its zambeef indeed, i have seen pipo getting fired by word of mouth. wen a muzungu insults and u defend yoself u r gone with no benefit. grogan, lovet, mower, awe sure!
P F
December 22, 2011 at 9:28 pm
We charged the goverment the bad condition coming from companies like Zamanita or Zambeef Please govt can U do something we can’t working like this it is much we cry 4 help!
MUNTUNSE
December 27, 2011 at 11:09 am
The government has help zambians working for zambeef there is too much resism in this company called zambeef. i work for zambeef the way we are being paid as zambians its realy sad you can be doing the same work with an indian or white they pay them two salaries kwacha and dollar they pay them as much K20m but a zambian doing the same work is only paid k2.5m what kind of difference is that. the ministry of labour has to come in and not talk to human resource manager who has no say on these whites.he cant even help the zambians because he is so weel paid he has been corrupted by these whites. we need help
Mwale
December 27, 2011 at 1:44 pm
Can some one do a reserach at zamanita and find out how many people letf that compaany due to frustration and lower wages, poor condition of service and racism..
BEAUTIFUL GIRL WITH HIV. That is what zambeef is all about. SHAME.
AM
January 22, 2012 at 6:13 am
The figure of ZMK2.6m turnover seems very little, is this correct?
The outlets are not appealing, they look dirty and dull especially in Solwezi. Something should be done to make them look exciting, representative of the size of ZAMBEEF. Change the “katemba” image of most of your outlets. I hope the refurbishment program is intended for this.