Zambeef interim results for the Half Year ended 31 March 2020

June 17th, 2020|

PERFORMANCE OVERVIEW The half-year period ended 31st March 2020 (HY 2020) saw Zambeef post encouraging results in the context of a very challenging macroeconomic environment. During this period, the Zambian Kwacha weakened by 37%, resulting in short- to medium-term record inflation. The high inflation, coupled with a tight monetary policy, eroded the purchasing power of [...]

Zambeef Products Haly Year 2020 Trading Statement

June 11th, 2020|

In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zambeef Products Plc hereby advises the shareholders of the Group that the earnings per share for the half year period ended 31st March 2020 is expected to be 0.41 Ngwee (0.03 Cents) compared to a loss per share of 7.92 [...]

ZAMBEEF | Completion of disposal of Sinazongwe Farm

April 24th, 2020|

Further to the Company’s announcements of 17 September 2019, 13 March 2020 and 8 April 2020, Zambeef (AIM: ZAM), the fully integrated cold chain food processing and retailing group with operations in Zambia, Nigeria and Ghana, is pleased to announce that it has now formally completed on the disposal of Sinazongwe Farm and received the [...]

Zambeef Products – Update on disposal of Sinazongwe Farm

April 8th, 2020|

Further to the Company’s announcement of 17 September 2019 and 13 March 2020, Zambeef (AIM: ZAM), the fully integrated cold chain food processing and retailing group with operations in Zambia, Nigeria and Ghana, announces that it has entered into a Second Side Agreement with Chenguang Biotech (Zambia) Agri-Dev Limited (“Chenguang”) extending the Completion/Long-Stop date for [...]