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.
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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.

As we step into 2026, Zambia Sugar thanks all our customers, partners, employees, and communities for making 2025 a year of growth and success.

May this New Year bring joy, prosperity, and many sweet moments shared with your loved ones.

Here’s to another year of progress, partnerships, and making life a little sweeter together.

#ZambiaSugar#HappyNewYear2026#SweeteningLives#NewYearJoy

The post Welcoming 2026: Thank You for a Year of Growth, Partnership, and Shared Success first appeared on Zambia Sugar | A Member of ABF Sugar.

As we celebrate this festive season, we extend our heartfelt gratitude to all our customers, partners and communities. Thank you for choosing Zambia Sugar throughout 2025.

Wishing you and your families a Merry Christmas!

#ZambiaSugar#SweeteningLives#Christmas2025

The post Season’s Greetings: Thank You for Being Part of the Zambia Sugar Journey in 2025 first appeared on Zambia Sugar | A Member of ABF Sugar.

At this year’s Zambia Revenue Authority 2025 Taxpayer Appreciation Day, Zambia Sugar was proud to be recognised for its commitment to transparent and compliant business practices. We received two key honours: – Highest Tax Payer & Exemplary Tax Compliance – Manufacturing: Recognizing the highest contributor in the manufacturing sector with exemplary compliance. – Trailblazer Award – Cooperative Compliance: Awarded to pioneering companies that were the first participants in the Cooperative Compliance Programme (CCP), demonstrating exceptional leadership, transparency, and a trust-based approach to tax compliance.

These awards highlight our dedication to accountability, consistency, and maintaining the highest standards in how we operate. A proud moment for a team committed to doing things the right way. #ZambiaSugar #ComplianceExcellence #ResponsibleLeadership #GoodCorporateCitizenship

The post Zambia Sugar Honoured for Excellence in Tax Compliance and Responsible Leadership at ZRA 2025 Taxpayer Appreciation Day first appeared on Zambia Sugar | A Member of ABF Sugar.

Pupils at Nakambala Estate Receive More Than Shoes in Inspiring Community Initiative

A simple pair of shoes became a powerful symbol of dignity and hope for young learners at Nakambala Estate, as pupils from four primary schools benefited from the Walk a Mile in My Shoes initiative.

The program, led by Zambia Sugar’s Managing Director Mr. Oswald Magwenzi, in partnership with Zambeef Products Plc under the leadership of Ms. Faith Mukutu, delivered footwear which instilled confidence, motivation, and a renewed belief in the future.

During the handover, the two companies emphasized that investing in children is a direct investment in the country’s progress. The initiative aimed to ensure that every child walks into school with comfort and pride, empowering them to focus on learning and to dream beyond their circumstances.

“These shoes are a reminder to our children that they matter, that their dreams are valid, and that their journey is supported,” Mr. Magwenzi shared during the event. Ms. Mukutu echoed this sentiment, highlighting the importance of partnerships that create lasting impact in communities.

For the pupils, the smiles, laughter, and excitement spoke louder than words. Each pair of shoes represented a step toward opportunity and a step away from barriers that often limit young learners in underserved communities.

Because when children walk forward with confidence, entire communities rise with them.

The post Walk A Mile In My Shoes first appeared on Zambia Sugar | A Member of ABF Sugar.