We visited Zambeef Products PLC last month (the photo shows one of its retail outlets). The company is one of the largest agri-businesses in Zambia and indeed the region. If you have heard our pitch, you will know Zambia has abundant land, sunshine, water and labour. That's the sort of thing we are happy to invest in. As one of the largest cropping operations in Africa, with 2,700 hectares under irrigation and a further 1,500 hectares of dry land crops, the company is clearly one that has competitive advantage on its side.
Since the visit, we have had update on the company - from the Zambia Competition Commission of all places! Acting executive director, Thula Kaira, said the commission is still reviewing the application for the acquisition of Nanga Farms by Zambeef. Kaira said Zambeef has indicated that in the near future they intend to set up a sugar production company.