ZAMBEEF CORPORATE GOVERNANCE RECOGNISED

Agribusiness conglomerate receives Lusaka Stock Exchange award

Zambeef Group Chairman Dr Jacob Mwanza, Director of Strategy and Development carl Irwin, Executive Director Yusuf Koya and other senior management with the company’s Lusaka Stock Exchange award for Corporate Governance.

Zambeef Products Plc was among companies that were recognised by the Lusaka Stock Exchange this week for their leadership in corporate governance.

Directors and senior management attended an awards ceremony, along with guest of honour Minister of Commerce, Trade and Industry on. Emmanuel Chenda, stock exchange chairman Joe Chisanga and CEO Brian Tembo.

Zambeef group chairman Dr Jacob Mwanza said: “The directors of Zambeef recognise the value of good governance and endorse the principles of openness, integrity, transparency, accountability and the application of high ethical standards in the conduct of our business.

“It is an approach that has served the company well over its 20-year history, from humble beginnings with 60 staff. Today Zambeef is a vast agribusiness with forward and backward linkages, joining the producer and consumer and contributing hugely to the food security and wealth creation of the nation.  We are now one of the largest food producers and processors on the continent, and corporate governance has become an even more important element of our business.”

Zambeef was named second runner-up in the awards, with Copperbelt Energy as first runner-up and Zambia Sugar named as overall winner.

The award ranked 20 companies listed on the Lusaka Stock exchange against the bourse’s Code of Corporate Governance criteria and recognised excellence in transparency, accountability, responsibility and fairness.