ZAMBEEF says it is well-positioned to capitalise on emerging opportunities in sectors including retail, food products and animal feeds.Chief Executive Officer Faith Mukutu, noted the group’s growth and expressed confidence on the firm’s continued strategic focus on optimising cost efficiency and expanding capacity.Ms Mukutu said this at Zambeef’s annual general meeting, which coincided with the company’s 30th anniversary.“We are confident that our continued strategic focus on optimising cost efficiency and expanding capacity, alongside the disposal of non-core assets, will further strengthen our operational foundation and shareholder value, as well as mitigate some of the risks associated with the current difficult trading environment,” she said.Ms Mukutu commended the collective efforts of the Zambeef team in delivering strong financial results. The Group delivered robust results, evident in its revenue of K7.3 billion and gross profit of K2.5 billion, reflecting a 21 percent increase in Kwacha terms. This was despite significant challenges faced in the year, including high inflation and volatile exchange rates that impacted operations early in the period. The climate crisis continued to affect crop yields and energy generation.“These results are a testament to the creativity, dedication, and innovation of our people. As we celebrate 30 years of feeding and nourishing the nation, we also look ahead to a future defined by sustainable growth and shared prosperity,” Ms Mukutu said.She also outlined the Group’s sustainability initiatives, which remained central to Zambeef’s strategy. Key achievements included optimising energy use, advancing renewable energy exploration, and prioritising water conservation to minimise environmental impact while supporting broader community development. “At Zambeef, we continue to create jobs, foster local enterprise, and uplift communities, especially in rural Zambia. We have been able to supplement nutrition with protein in hospitals, orphanages, schools, and hospices with an investment of over K3 million,” Ms Mukutu said.Speaking earlier, the Zambeef Board Chairperson, Patrick Wanjelani, highlighted the Group’s tenacity in an evolving market, stating. “This year, we demonstrated our ability to adapt and thrive, focusing on strategic investments and operational efficiency in the region to drive measurable growth and deliver value to our stakeholders. This is critical to achieving our business objectives and contributing to the well-being of the communities we serve,” Mr Wanjelani said.
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