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Zambia Sugar: Difference between revisions
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|homepage = [http://www.illovosugar.co.za/About-us/Zambia Homepage] | |homepage = [http://www.illovosugar.co.za/About-us/Zambia Homepage] | ||
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'''Zambia Sugar Plc''', is a company based in [[Mazabuka]], [[Southern Province, Zambia|Southern Province]], [[Zambia]] and is the largest sugar producer in Zambia. The company is listed on the [[Lusaka Stock Exchange]] (symbol: ZSUG)<ref>{{cite web|title=Lusaka Stock Exchange|url | '''Zambia Sugar Plc''', is a company based in [[Mazabuka]], [[Southern Province, Zambia|Southern Province]], [[Zambia]] and is the largest sugar producer in Zambia. The company is listed on the [[Lusaka Stock Exchange]] (symbol: ZSUG)<ref>{{cite web|title=Lusaka Stock Exchange|url=http://www.luse.co.zm/|publisher=Lusaka Stock Exchange|accessdate=31 August 2014}}</ref> with 82% of the shares held by [[Illovo Sugar]] Limited of [[South Africa]] (a subsidiary of [[Associated British Foods]]) and the balance by institutional and private shareholders in Zambia. | ||
Zambia Sugar Plc owns and operates the Nakambala Sugar Estate, the largest sugar operation in [[Zambia]] | Zambia Sugar Plc owns and operates the Nakambala Sugar Estate, the largest sugar operation in [[Zambia]] | ||
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* providing clean drinking water to the 16 000 residents of the Nakambala Estate as well as delivering bulk raw water to the Water Utility firm for distribution to the town of Mazubaka’s more than 250 000 residents. | * providing clean drinking water to the 16 000 residents of the Nakambala Estate as well as delivering bulk raw water to the Water Utility firm for distribution to the town of Mazubaka’s more than 250 000 residents. | ||
→spent ZMK42 billion with 126 small businesses in Mazabuka during 2012/13. | |||
* Is committed to reducing rural poverty by helping smallholder farmers to create profitable independent businesses, purchasing more than 1.3 million tons of cane generating significant revenue within the community. | * Is committed to reducing rural poverty by helping smallholder farmers to create profitable independent businesses, purchasing more than 1.3 million tons of cane generating significant revenue within the community. | ||
