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ZAMPALM

Shareholding:

IDC 90%

About

Zambia’s first ever palm plantation in operation situated in Muchinga Province. The company was incorporated in 2009 following Zambeefs’ acquisition of Zamanita Limited to develop an oil palm plantation and crushing mill in Zambia as a continuation of its strategy of vertical integration.

Palm oil is the world’s most used and versatile vegetable oil. In addition to cooking oil, its derivatives are found in foods such as margarines and ice cream and is also used as a thickener, preservative and antioxidant; in personal care products such as shampoo, and cosmetics; industrial products such as lubricants paints and inks; and as a renewable fuel. The palm plant is the most efficient oil producing plant and can be harvested for 25 years and as long as the tree continues to yield a harvest.