Impala Platinum Holdings (Implats) capitalizes on BHP's mistake in Zimbabwe. With Zimplats profitable, it may rescue Implats as its South African mines struggle. THREAD 🧵: On a Date with Zimplats Holdings Limited - Pt 3

BII and the @PIC_SouthAfrica have signed a Memorandum of Understanding to accelerate collaboration and investment across Africa. The agreement between Africa’s largest asset manager and the UK’s development finance institution and impact investor establishes a framework to

There's a reason I compare Edgars' results to selling ice cream. The analogy will make perfect sense tomorrow. Sending this via email tomorrow 12pm to Money & Moves subscribers. Join 4,000+ business leaders getting these insights for free (link in bio to join the list).

Each week will be on a Date with a company listed on the @LuSE_Plc. The purpose of this thread is to have a minimum appreciation of listed firms. Disclaimer: Do not misconstrue this thread as investment advise DATE companies before you buy its share

#6. Management MD: Oswald Magwenzi Appointed to lead Zambia Sugar after working at Ubombo Sugar, Eswatini He has 29 years in sugar, irrigation, and international finance, including with IFC Holds a BSc in Agriculture, MSc in Irrigation, and MBA in Finance.

#5. Shareholding 75% of Zambia Sugar Plc is controlled by ABF. The business operates under the Group’s sugar division. ABF is a highly diversified group, featuring a range of food and ingredients businesses, as well as our retail brand, Primark.

#4. Share Price 41.71 ZMW per share as of June 3, 2025. 36.05 ZMW per share on January 3, 2025. 10th most valuable stock, valued at ZMW 13.2 million. 6th most traded stock on the LuSE from February 28 to June 4, 2025. 316,571,385 issued shares.

#3. Competitors The sugar industry in Zambia is monopolistic, dominated by Zambia Sugar There are no other significant sugar producers in Zambia that can be considered direct competitors Zambia is a low-cost producer of sugar among sugar-producing countries

The outgrowers scheme is supported by 385 smallholder farmers and 18 commercial farmers. Sugar cane yields per hectare for outgrowers has managed to surpass the company due to continuous training in best practices. Management of the Whitespoon Brand.

The business has the capacity to produce 450,000 tonnes of raw sugar per annum from about 4 million tonnes of sugar cane. Sugar cane is cultivated using 28,000 hectares of land which is done on the company's Nakambala Estate and outgrowers

#2. Operations Zambia Sugar Plc is the largest sugar producer in the country which is based in Mazabuka in the southwest about 135 km away from Lusaka. Its main activities are growing of sugarcane, the production and marketing of sugar and its derivaties.

In 2006, Associated British Foods (ABF) bought 51% of Illovo and made it a wholly owned subsidiary 10 years later. After the purchase of majority stake ABF invested heavily in Zambia Sugar Plc increasing sugar production capacity for agriculture and milling.

1996, listed on @LuSE_Plc The initial public offering (IPO) brought a name change to Zambia Sugar Plc. Illovo, a South African-based sugar producer, acquired majority ownership in Zambia Sugar Plc from Tate & Lyle and CDC. Tate & Lyle was refocusing!

In 1995, Tate & Lyle and the Commonwealth Development Corporation (CDC) bought back a majority stake in the Zambia Sugar Company. The lesson is that the government is usually not the best manager of business. It is better suited to act as a referee/regulator.

In 1984, the Industrial Development Corporation, managed by the government, increased its shareholding to 78% to advance nationalization. However, this agenda weakened the economy, decreasing sugar output and leading to the privatization of state enterprises.

Chirundu Sugar Estate is closed due to being unprofitable. Nakambala Sugar Estate & Ndola Sugar Refinery became the entities that build, Zambia Sugar Company. The new entity is majority owned by Tate & Lyle in partnership with the government hand of Zambia

1964, Zambia gains independence from Britian thereby creating opportunities for businesses to grab markets. Tate & Lyle increases its investments in Zambia by developing the Nakambala Sugar Estate This estate becomes the backdone of gave the sugar industry

1955, Meanwhile in Zambia a forward-thinking farmer, Tony Dahl in Mazabuka, Southern Province, is tinkering with sugar cane plants at his Better Ole Farm (soon to be Dahlia Sugar Estate). Even in farming, staying ahead means tuning into the latest trends.

#1. History In 1953, Tate & Lyle, a UK sugar refiner, started a sugar cane plantation in Chirundu, Zimbabwe, close to the Zambezi The sugar was sent to be sold and refined at a refinery set up in Ndola, Zambia seven years after the plantation was established

From my humble beginning in a rural setting as an experiment, i have grown to become a formidale sugar producer in Africa and beyond. The British strengthened me in my infancy and have stayed with me to this day. THREAD 🧵: On a Date with Zambia Sugar