Zambia Sugar Plc is the group’s second largest sugar producer following a major agricultural and factory expansion project completed in 2009, which increased total annual sugar production capacity from around 200 000 tons to 450 000 tons. The company is listed on the Lusaka Stock Exchange with 76% of shares held by the Illovo group and the balance by institutional and private investors. As the country’s leading sugar producer, located in the south-western region of the country alongside the Kafue River, it cultivates sugar cane and manufactures Vitamin A-enriched raw and refined sugar under the Whitespoon brand name for local consumer markets and industrial customers. With increased sugar availability following the expansion project, sales to preferential markets in the EU and into surrounding African countries have risen significantly. The company also produces speciality sugars for export to the EU and syrup for local consumer markets.
EXCHANGE: Lusaka Securities Exchange
Phone: 260 213 230394
Nakambala Estate,P O Box 670240 Lusaka