In accordance with Section 3.59 of the Lusaka Securities Exchange Listing Rules, the Board of Zambia Sugar Plc (“the Board”) (“Zambia Sugar” or “the Company”) wishes to announce the appointment of Mr Raphael Chipoma as Finance Director of the Company effective 2nd December 2019.

Mr Chipoma is a qualified chartered accountant with over 20 years of corporate accounting and management experience. He holds an MBA from the Oxford Brookes University.

The Board wishes to welcome Mr Chipoma and looks forward to his contribution to the Company.

By Order of the Board

Mwansa Mulumba Mutimushi
Company Secretary