The Lusaka Securities Exchange-LuSE, has congratulated Zambia Sugar PLC for hitting an exceptional milestone of over $1 billion market capitalisation on the securities exchange.  Thirty years after becoming the second company to list on LuSE, Zambia Sugar has joined an exclusive group as the third company to exceed the $1 billion market capitalization mark.

At the close of the 2025 financial year, the Company’s share price stood at K48 per share. Since then, it has risen by approximately 40% to K67 per share. This growth, supported by the appreciation of the Kwacha – up nearly 10% since December 2025 and reaching a fresh two-year high on 5 January 2026, has propelled the Company to this achievement.
.
Speaking at the close of 2025, Zambia Sugar Managing Director, Oswald Magwenzi, reaffirmed the Company’s commitment to driving private sector-led growth and national development. He made these remarks at the 4th Public Private Dialogue Forum convened by President Hakainde Hichilema in Lusaka on 12 December 2025, where Zambia Sugar served as Anchor Sponsor.

Mr. Magwenzi further highlighted that the Company is currently implementing projects valued at US$132 million, underscoring its continued investment in growth and sustainability.

The post Zambia Sugar’s market capitalization on LuSE hits USD$1 Billion mark first appeared on Zambia Sugar | A Member of ABF Sugar.

Zambia Sugar Plc was proud to participate in the Private Sector Day at the Public Private Dialogue Forum, where Managing Director Oswald Magwenzi delivered an engaging and forward-looking address on the role of the private sector in driving sustainable economic growth.

In his remarks, he reaffirmed Zambia Sugar’s long-term commitment to Zambia through continued investment in production capacity, customer-focused infrastructure, and energy solutions that support operational efficiency and sustainability. He also expressed confidence in the country’s improving investment climate and the value of consistent, collaborative dialogue between government and the private sector.

Zambia Sugar remains a strong supporter of the PPDF platform and is committed to working alongside government and industry partners to unlock growth opportunities, strengthen local value chains, and contribute meaningfully to Zambia’s economic development.

The post Zambia Sugar Champions Private Sector Leadership at the Public Private Dialogue Forum first appeared on Zambia Sugar | A Member of ABF Sugar.