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Zambeef Commissions Oil Plant
RYNESS MBALE, Lusaka
ZAMPALM, a subsidiary of Zambeef Products, has commissioned a US$1 million crushing and processing plant in Mpika which will reduce the country’s dependence on imported edible oil.
Currently, Zambia imports crude palm oil worth over US$70 million annually.
The factory will begin processing crude palm oil in September 2015, with first harvesting planned for August through to January next year.
According to a statement availed to the Daily Mail on Wednesday, the plant has a capacity to crush two to three tonnes of fresh palm fruit per hour.
“The plant comprises of four ‘cookers, a boiler, tumbler and digester that separate the oil from the fruit. The used fruit bunches are then recycled into the boiler, as fuel or used as organic fertiliser. The crude oil will then be sent for refining into cooking oil or biofuel,” the statement reads.
The company says following completion of the new crushing mill a second two-tonne mill is expected to be installed in 2017 and a further 10-tonne plant in 2018, taking crude palm oil production up to 17,000 tonnes a year.
Currently, over 500 people have been employed at the plantation and the workforce is expected to grow as the harvesting season draws closer and operations grow.
The total investment cost in the Zampalm is estimated at US$41.5 million, of which Zambeef has spent US$20 million so far, and at current price the average production of crude oil of three to 3.5 tonnes per hectare could generate over US$170 million in revenue over the next decade.
Once fully operational, the plantation will contribute to substituting 70,000 tonnes of cooking oil imported into Zambia, saving the country about US$70 million (K511 million) in foreign exchange outflows annually.
Zampalm also intends to open branches in the Southern African Development Community (SADC) market, targeting countries such as the Democratic Republic of Congo and Angola
Daily Mail
Posted by Kunda
on June 27, 2015. Filed under BUSINESS, LATEST NEWS.
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twende
June 27, 2015 at 8:46 am
All this is because of PF ,s policy to alleviate people,s poverty as NEZ would put it. Camon Nez spice it up
New Educated Zambia©
June 27, 2015 at 8:48 am
Hh is behind zam beef Kiki ukose
twende
June 27, 2015 at 8:53 am
All this time I had some level of respect in terms of knowing things. Now tell BA NEZ how HH is behind Zambeef. does supplying cattle or giving some money constitute being owner of the company. ??? Now I understand why Mantani keeps saying he owns Zambezi Portland. Oh he is supporting Up and Down. Need I say more???
kakolwe
June 27, 2015 at 9:51 am
Yes @NEZ. No one has ever argued that HH is a huge businessman. Fact is good business thrives with an enabling environment. The case in point proves this.
New Educated Zambia©
June 27, 2015 at 12:50 pm
when we had the discussion of the graduates selling tomatoes, a point was raised that government support was needed in terms of creating an environment conducive of business growth. During that argument you and your fellow PF cronies went on to disagree with this. Stating that the individual should be responsible for his own success in business. Now that something successful has happened you want to claim it as your success? A very lazy man approach. Foolish chaps kiki
kakolwe
June 27, 2015 at 2:53 pm
Are you OK? We argued that govt g7vets a good platform. Graduates use their learning to get there. Your HH sponsored cardboard clad shithead of graduates were paraded looking for jobs as clerks in non-existent govt companies. Now, when HH builds a university, an oil company, a 5star hotel, is it govt that has built? Wont he employ over a million Zambians? Not the opposite.
kakolwe
June 27, 2015 at 8:50 am
Now that is what we call investment! Instead of imbeciles opening their arsses to govt to be stuffed, a pvt company uses the enabling environment provided by PF, drive on good roads to Mpika & take advantage of the good weather to set up viable business plans. Then govt further bans the importation of the same edible oils to further support local investment as this. Kudos to government & big businessmen like HH for working together. Keep it up ba PF!!
New Educated Zambia©
June 27, 2015 at 8:51 am
Yes pf is providing conducive environment for investment by constant load shedding and uncertainty in economy
Fabio M.
June 27, 2015 at 4:55 pm
Is Zambia the only country that is experiencing load shedding? Any way, PF government is providing conducive environment for infrastructure development. Hope after 2016 they will improve on social development. HH won’t make it after 2016 general elections, so what will be the way forward for HH and UPND?
Hello Haters
June 27, 2015 at 9:41 am
Whao! Am shocked, for once you have appreciated HH’s business acumen or simply put business prowess, not the usual ill conceived perceptions you have about him, guess we moving at the same pace, i can see your foot steps right next to mine, previously they were further behind mine.
New Educated Zambia©
June 27, 2015 at 9:47 am
I think kakolwe has been healed from that monkey ebola Kiki a bit of humour bane
Hello Haters
June 27, 2015 at 10:05 am
Kikikiki, you right bro, especially on a weekend as one sits in his lazy man’s chair as you pondering on his moves for the past week and what next week holds for him, humor is definitely good for everyone’s health.
kakolwe
June 27, 2015 at 10:54 am
No need for amashoko! At NO time have I doubted HH’s business prowess (inspite of sources), Politically, nitombolilo. The guy can change the face of Zambia through his businesses. Hotels, universities, farming, etc. Then, and only then, can he extend his hand to the presidency. Noti shortcut yakweba ati “I am rich, I am young, ONLY a Tonga, so vote for me.” Are the foot prints still together?
Hello Haters
June 27, 2015 at 11:42 am
Guess they have been washed away by the ocean current,can only see one set of foot steps maybe i might be carrying you, you tired and weary can’t take the economic hardships anymore, we care, please stop making those low insinuedos, you can do better.
Vampiro @ ONYX POWER
June 27, 2015 at 10:20 am
@kolwe that’s a valid point. Now can someone advise gbm to invest in Zambia.
New Educated Zambia©
June 27, 2015 at 8:50 am
Mighty hh we thank you for steering zam beef in right direction
Vampiro @ ONYX POWER
June 27, 2015 at 10:13 am
Hh is just a businessman not a politician worse presidential material.
bd
June 27, 2015 at 4:11 pm
In what sense? i work for zambeef who lied to that hh owns it?
LOVE
June 27, 2015 at 9:51 am
Shaka Zulu
June 27, 2015 at 11:20 am
NEZ is such a fool that he doesn’t even know the name of his country.
New Educated Zambia©
June 27, 2015 at 12:52 pm
kiki that is very rich coming from an idiot who names himself after a late south african King.
jabi
June 27, 2015 at 1:23 pm
Hh ni freemason na tu bisiness,this up&down leaders wealth isn’t geniune,pantu his employees are paid insults K350 pa 55days for a salary .gbm nao lisaka
Hello Haters
June 27, 2015 at 2:25 pm
Your comments have become so predictable, the usual run of the mill mediocre PFool stupidity, even the editor on this pf site tumfweko is worried for his business,because people won’t differentiate latest articles from the old ones, let the guys help your clueless pf government in trying to reduce the unemployment levels kwindi alibe muchila iwe.
jabi
June 27, 2015 at 11:12 pm
Ukose!see what electorates in the 3 by-elections will respond to your campaigns ba upnd.watch the space,3days before people red card ba upnd,these are matters that need your brains chikala not responding to us The Mighty Patriotic Front,we have No match on the political spectrum!you will chock pa wedndays when reality will sink in your encorigible head!viva Mighty PF
jabi
June 27, 2015 at 11:22 pm
Make statistical analysis of the elections results from all by-elections held so far including Presidential&see if hh is on track to plot one!garge you popularity pantu 2016 is just mailo!upNd&hh is not material for anything,
someone
June 27, 2015 at 3:20 pm
On SABC,one politician failed to account where his money came from.Jst a bit of how he bcame rich.
New Educated Zambia©
June 27, 2015 at 7:27 pm
kiki. you are crazy
bd
June 27, 2015 at 8:37 pm
HH ni mo beef not zambeef get your facts correct..
monk
June 27, 2015 at 7:52 pm
Embamed oil. Capwa twafwa.
NEZ
June 27, 2015 at 7:54 pm
@nez are u still HH homeboy?go and clean his shit,ifintu ni lungu
club zero
June 27, 2015 at 7:57 pm
Come 2016,hw much vote ba HH
club zero
June 27, 2015 at 8:02 pm
Iwe if we vote today pa tumfweko HH na lungu who can win?