Zambeef Products has unveiled a US$100 million expansion plan that will double its Mpongwe Farms crop production while adding associated value and capacity to the company’s stock feed, meat processing and retailing operations.
The investment will ensure national food security and boost the Zambian economy through job creation, increased tax revenue and a deepening of the market for small-scale and emerging farmers across the country.
Zambeef Board Chairman Michael Mundashi says Zambeef is proud to announce an investment of this magnitude, doubling the cropping capacity at a time when Zambia, Africa and the world need investments of this nature.