

ZAMBIA SUGAR
“We are the market leader in the country with a market share of 80% supported by a nationwide distribution network,” Magwenzi explains. “You can access our sugar from every corner of Zambia, which is a capability appreciated by customers and consumers alike. No matter how much sugar we produce, if it is not available for people that does not help very much. We pride ourselves on that nationwide delivery capability. Those are the commercial fundamentals, a strong brand, a reliable distribution network and finally, we have an unrivalled product portfolio.”
Product range might not be something you expect from a company built around the production and sale of a single product, but when it comes to sugar, quantity matters. A person buying sugar to put in their tea at home requires sugar in different volumes than an industrial food manufacturer.
“Not many of our competitors have the range we do. We have sugar in one ton bags, 10 kilogram bags, 50 kilograms, 2 kilograms, 1 kilogram, 500 gram, all the way to 70 gram bags,” Magwenzi tells us. “As a result, we can service all consumer segments, from industrial to middle income, upper income and low income consumers. You will be hard-pressed to find a competitor that matches our commercial capabilities.”
AN UNRIVALLED PRODUCTION
Every size of sugar packet is produced by Zambia Sugar’s immense production


facilities. The company truly stands alone in terms of scale, with a production facility that offers 450,000 tonnes per annum of capacity.Indeed, the main limiting factor Zambia Sugar faces is the amount of raw sugar cane available, which currently limits production to only 400,000 tons of sugar. However, Magwenzi tells us the company is seeking out other avenues of supply, to embrace the opportunity to increase production without the need for further investment.




STANDARD CHARTERED
Standard Chartered was the first bank to open in Zambia in 1906. The Bank pursues a focused network strategy offering both personal and corporate banking. 118 years later and in keeping with our constant evolution, we launched our iconic, ‘green’ Head Office Building in 2022 – Standard Chartered House is the only EDGE (Excellence in Design for Greater Efficiencies) certified green building in Zambia.
In 2019, we embarked on an aggressive digital banking strategy. Majority of our banking services can be accessed digitally via our award-winning SC Mobile App, Online and phone banking.
Our Corporate and Investment Banking (CIB) strategy remains to grow our business by leveraging our unique global network across Africa, Asia, Europe, the Middle east and the Americas. It is this network capabilities that distinguish us as the only truly international bank in Zambia. The focus for our Corporate and Institutional Banking team is to support our clients with their transaction banking, corporate finance, financial markets and borrowing needs, providing unique solutions to clients in Zambia and most active trade corridors.
Our CIB business is split between Financial Institutions and Global Subsidiaries to ensure delivery of our global network to multinational corporates, government entities, banks and investors operating or investing in Zambia. The acceleration of the digitalization strategy
is a key focus to improve the experience of our clients, the launch of Straight to Bank (S2B) Pay, real time reconciliations and completion of migration to S2B Next Gen from S2B Classic are key initiatives for the business. We remain committed to sustainable finance and the ambition to have a positive impact on our communities and environment through our partnerships with Developmental Organizations in Zambia.
In addition, we are the go-to bank for mining advisory and sustainable finance. Amongst others, our key CIB enablers include: Providing long term and working capital support to our clients looking to expand; and driving direct integration of clients and the bank.
Our corporate clients come from a diverse range of key sectors from major mining companies and communications companies, to food and agricultural processing. We are proud that Zambia Sugar Plc is a key corporate client, with whom we have built a great working relationship over many years. Huge congratulations on their 60th Anniversary.

www.sc.com/zm



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TAZ HAULAGE




In 2007, The Teichmann Group was contracted by Zambia Sugar to execute their expansion project. Their primary responsibility was to clear bush, level land, and prepare the additional 3,600 hectares of land. This involved constructing the bulk water supply, pump stations, roads, and road maintenance.
TAZ Haulage, a business which forms part of The Teichmann Group, continues to undertake various land preparation and land formation projects for Zambia Sugar. In 2024 alone, they completed 800 hectares of work.
In 2009, TAZ Haulage launched its “Load & Haulage” services for Zambia Sugar. Initially, the company operated with a fleet of 2 pieces of equipment and transported approximately 50,000 tons of sugar cane. Over the years, the fleet has expanded to encompass 75 units, and the projected load and haul for 2025 stands at 1,170,000 tons and the cane cutting at 850,000 tons.
In 2023, TAZ Haulage introduced “Mill Organics Compost”, a product that TAZ and Zambia Sugar have successfully tested. This year, Zambia Sugar will utilise 144,000 tons of “Mill Organic Compost” applied to their sugar cane fields enhancing soil health and in turn increasing yields.
TAZ Haulage has maintained a robust partnership with Zambia Sugar over the past 18 years, fostering the development of novel and innovative practices that have not only enhanced farming operations but have also had a significant positive impact on the environment.
Zambia Sugar has made substantial advancements in agricultural practices, particularly in soil and water management systems, health and safety protocols, and innovative approaches to improve soil health and in turn yield.
TAZ Haulage extends its sincere congratulations to Zambia Sugar on its 60th anniversary and extends its best wishes for continued success in the forthcoming 60 years.
PROVIDING INTEGRATED AGRICULTURAL SOLUTIONS TO MALAWI, ZAMBIA, TANZANIA AND BEYOND







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SWEET POSSIBILITY
With the company’s continuing work to improve every aspect of the business, Magwenzi predicts a bright future for the firm.
“We are in the food business, and unless we invent a new human being, food has no substitutes,” Magwenzi points out. “You have to continue to eat one way or another, so we have a growing market. That includes a growing export market, as not many countries have the production fundamentals we do for sugar cane and sugar.”







To meet that demand, Zambia Sugar continues investing significantly in its capability to serve an expanding market, including the launch of a 1.7 billion kwacha investment in a new packing plant and modern warehouse facility.
“This will allow us to ensure all of our sugar is stored in foodsafe conditions while enhancing our ability to respond to the market,” Magwenzi says. “We are also looking to diversify our revenue streams. We are looking at an opportunity to produce electricity and sell it to the grid.”
