
Zambeef is the consumer-facing food brand of Zambeef Products Plc, a publicly traded Zambian agribusiness listed on the Lusaka Securities Exchange and the AIM market in London. The brand covers beef, chicken, pork, dairy, and processed foods sold through more than 230 retail outlets in Zambia, Nigeria, and Ghana. Zambeef reported FY2025 revenue of ZMW 8.06 billion, about $303 million.
Parent Company
Founded
1994
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Zambeef | Zambeef Products Plc | Brand division |
Zambeef was incorporated in June 1994 by Carl Irwin and Francis Grogan, who started the business as a small butchery operation in Lusaka. A defining early break came in 1995, when the young company won the concession to run the in-store butcheries in all Shoprite supermarkets in Zambia, giving it national retail presence almost overnight.
From retail, the founders integrated backwards. Through the late 1990s and 2000s the company added its own abattoirs, cattle feedlots, poultry operations under the Zam Chick name, pig production through Masterpork, the Zamhatch hatchery, the Kalundu dairy, and the Novatek stockfeed business, plus large-scale row cropping of maize, soybeans, and wheat to feed its own mills and livestock. The group listed on the Lusaka Securities Exchange and later added a listing on London's AIM market, raising capital for expansion into Nigeria and Ghana.
Leadership passed from the founders to professional management in the late 2010s, and Faith Mukutu, a chartered accountant with senior finance experience at Zambia Sugar and Zambian Breweries, became CEO in 2023. Under her, the group managed through a difficult 2024 to 2025 period of national drought, electricity shortages, and weak consumer spending while still growing revenue about 10 percent to ZMW 8.06 billion in the fiscal year ended September 30, 2025.
What does Zambeef Products own?
The group owns an integrated food business spanning cattle ranching, feedlots, poultry (Zam Chick, Zamhatch), pork (Masterpork), the Kalundu dairy, Novatek stockfeed mills, large-scale cropping, a tannery, and about 236 retail outlets in Zambia, Nigeria, and Ghana.
Is Zambeef publicly traded?
Yes. Shares trade on the Lusaka Securities Exchange under the code ZAMBEEF and on London's AIM market under the ticker ZAM.
Who founded Zambeef?
Carl Irwin and Francis Grogan incorporated the company in June 1994, starting as a small Lusaka butchery before winning the Shoprite in-store butchery concession in 1995.
Where is Zambeef headquartered?
The registered office is at Plot 4970, Manda Road, Industrial Area, Lusaka, Zambia.
Who owns Zambeef?
Zambeef is a public company owned by its shareholders, including Zambian investors and international institutions. British International Investment has been a long-standing institutional shareholder, and management is led by CEO Faith Mukutu under chairman Patrick Wanjelani.
What was Zambeef's revenue in 2025?
For the fiscal year ended September 30, 2025, the group reported revenue of ZMW 8.06 billion, approximately $302.6 million, with operating profit of about $24 million and net income around $8.5 million.
Zambeef reports certifications across several divisions, including GlobalG.A.P and Smart Livestock Practices certification for Zamhatch, Kalundu Dairy, the cropping division, and the Lusaka and Mpongwe Novatek sites. These are third-party audited standards covering food safety, traceability, and responsible production.
The group's cold chain model also addresses a real food safety gap in the region, where informal meat handling is a documented health risk. Zambeef describes food security as part of its mission within Zambia. Its own reporting, rather than independent audit, covers water use, emissions, and community programs, so those figures carry the usual first-party caveats.
The group has managed operational rather than legal controversies. Zambia's severe drought and electricity shortages in 2024 and 2025 raised input costs and forced reliance on generator power and imported electricity, conditions the company disclosed in results announcements rather than concealed. Earlier in its history, imported products occasionally drew regulatory scrutiny in host markets; in 2016, Zambian regulators briefly suspended some imports after contamination concerns in the regional meat trade, which the company addressed through its own testing and documentation. No product recalls or regulatory penalties were reported in the most recent results cycle.
No direct competitors found in the same category. This could be because Zambeefoperates in a unique market segment or we're still building our competitor database.
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