List of companies of Zambia

The Republic of Zambia is a landlocked country in Southern Africa,[1] neighbouring the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique, Zimbabwe, Botswana and Namibia to the south, and Angola to the west. The capital city is Lusaka, in the south-central part of Zambia. The population is concentrated mainly around Lusaka in the south and the Copperbelt Province to the northwest, the core economic hubs of the country.

Location of Zambia

The Zambian economy has historically been based on the copper-mining industry. The discovery of copper is owed partly to Frederick Russell Burnham, the famous American scout who worked for Cecil Rhodes.[2]

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Access Bank Zambia Financials Banks Lusaka 2009 Commercial bank
Aero Zambia Consumer services Airlines Lusaka 1996 Airline, defunct 2000
Bangweulu Power Company Limited Renewable Energy Solar power Lusaka 2017 Owned by Consortium Members: Neoen, First Solar and IDC Zambia
Cavmont Bank Financials Banks Lusaka 2004 Commercial bank
Chilanga Cement Industrials Building materials & fixtures Chilanga 1949 Cement, LuSE:CHIL
Copperbelt Energy Corporation Utilities Electricity Kitwe 1997 Power Generation and Transmission, Lusaka Stock Exchange:CECZ
Atlas Mara Bank Zambia Limited Financials Banks Lusaka 1986 Commercial bank, formerly Finance Bank Zambia Limited
First Alliance Bank Zambia Limited Financials Banks Lusaka 1994 Commercial bank
FQM Trident Limited Basic Materials Mining Kalumbila 2006[3] Products: Copper Ownership: First Quantum Minerals 100%[4]
Indeni Petroleum Refinery Energy Petroleum Ndola 1973 Products: Gasoline, Jet fuel, LPG, Asphalt, Fuel oil
Indo-Zambia Bank Limited Financials Banks Lusaka 1984 Commercial bank
Intermarket Bank Financials Banks Lusaka 1971[5] Acquired by Afriland First Bank (Cameroon) in 2010
Investrust Bank Financials Banks Lusaka 1996 Commercial bank, Lusaka Stock Exchange:INVE
Kansanshi Mining Plc[6] Basic Materials Mining Solwezi 2005 Products: Copper and Gold, JV Partners: First Quantum Minerals 80%, ZCCM-IH 20%[7](LuSE:ZCCM)
Konkola Copper Mines Basic materials Nonferrous metals Chingola 1957[8] Products: Copper, JV Partners: Vedanta Resources (UK) 79.4%. ZCCM-IH 20.6%
Lumwana Mining Company (LMC) Basic Materials Mining Lumwana 1999 Products: Copper, 100% Owned by Barrick Gold[9]
Lusaka Stock Exchange Financials Investment services Lusaka 1994 Primary stock exchange
Mopani Copper Mines Basic Materials Mining Kitwe Products: Copper, Cobalt
Mobile Transactions Zambia Financials Specialty finance Lusaka 2009 Money movement firm
Ndola Lime Company Limited Industrials Mining Ndola 1931 Products: Limestone
Ngonye Power Company Limited Renewable Energy Solar Power Kafue 2018 JV Partners: Enel Green Power and IDC Zambia
Railway Systems of Zambia Industrials Railroads Lusaka 2003 Charter revoked 2012[10]
Standard Chartered Zambia Financials Banks Lusaka 1906 Commercial bank, part of Standard Chartered (UK), Lusaka Stock Exchange:SCBL
The Post Consumer services Publishing Lusaka 1991 Newspaper
Times of Zambia Consumer services Publishing Ndola 1943 Newspaper
Zambeef Products Consumer goods Food products Lusaka 1994[11] Beef producer, Lusaka Stock Exchange:ZMBF
Zambezi Airlines Consumer services Airlines Lusaka 2008 Airline, defunct 2012
Zambia Airways Consumer services Airlines Lusaka 1964 flag carrier Airline, defunct 1995, Relaunched 2021. JV Partners: IDC 55%. Ethiopian Airlines 45% [12]
Zambia Daily Mail Consumer services Publishing Lusaka 1965 State run newspaper
Zambia National Commercial Bank (Zanaco) Financials Banks Lusaka 1969 Commercial bank, Lusaka Stock Exchange:ZNCO
Zambia Railways Industrials Railroads Lusaka 1905 Railways
Zambian Airways Consumer services Airlines Lusaka 1948 Airline, defunct 2009
Zambian Breweries Consumer goods Brewers Lusaka 1963 Brewery, Lusaka Stock Exchange:ZABR
Zambia Sugar Consumer Goods Agriculture Mazabuka 1964 Sugar, Lusaka Stock Exchange:ZSUG
ZAMNET Telecommunications Fixed line telecommunications Lusaka 1994 ISP
ZamPost Industrials Delivery services Ndola[13] 1896[14] Postal service
Zamtel Telecommunications Fixed line telecommunications Lusaka 1994 Telecom
ZCCM Investments Holdings Basic materials Nonferrous metals Lusaka 2000 Nationalized copper mines, Lusaka Stock Exchange:ZCCM
ZESCO Utilities Electricity Lusaka 1970 Power Generation, Transmission & Distribution

List of Largest Firms

Top ten firms by revenues in ZMW.

Name FY2021 Revenue (ZMW) Source Notes
First Quantum Minerals Zambia (FQMZ) 72,828,000,000 [15] Zambia operations of First Quantum Minerals, Kansanshi and FQM Trident (Sentinel) Mining Operations
Lumwana Mining Company Limited (LMC)[16] 16,835,000,000 [17] Zambia operations of Barrick Gold Based on USD$962m
Mopani Copper Mines Plc 14,927,500,000 [18] Based on USD$853m (2021 ZMW spot conversion) in extraction at Mopani Copper Mines.
Konkola Copper Mines Plc 11,978,400,000 [19] Based on USD$1,085m (2019 ZMW Average year ended 31 March 2019) in operations
Copperbelt Energy Corporation 5,985,000,000 [20] Based on USD$342m (2021 ZMW spot conversion) revenues.
Puma Energy Zambia 5,841,402,000 [21]
Zambia Sugar 4,989,980,000 [22]
Zambeef Products 4,974,351,000 [23]
Zambia National Commercial Bank 3,511,658,000 [24]
Zambian Breweries 3,068,959,000 [25]
Metal Fabricators of Zambia 2,424,306,000 [26]
Chilanga Cement 2,113,725,000 [27]

See also

References
  1. "United Nations Statistics Division- Standard Country and Area Codes Classifications (M49)". Unstats.un.org. 31 October 2013. Retrieved 11 April 2014.
  2. Juang, Richard M. (2008). Africa and the Americas: culture, politics, and history : a multidisciplinary encyclopedia, Volume 2 Transatlantic relations series. ABC-CLIO. p. 1157. ISBN 978-1-85109-441-7.
  3. "Company Search". PACRA. 18 April 2022. Retrieved 18 April 2022.
  4. "Project - Kansanshi Copper Mine". IM-Mining. 21 February 2022. Retrieved 18 April 2022.
  5. "Intermarket Bank AG: Private Company Information". Bloomberg. Retrieved 2017-12-20.
  6. "Kansanshi Copper Mine". Mining Technology. 24 February 2014. Retrieved 18 April 2022.
  7. "Project - Kansanshi Copper Mine". Mining-Technology. 24 February 2014. Retrieved 18 April 2022.
  8. "History & Milestones | Konkola Copper Mines Plc". Kcm.co.zm. Retrieved 2017-12-20.
  9. "Barrick Gold keen on further opportunities in Zambia". Bloomberg. 24 March 2022. Retrieved 19 April 2022.
  10. DVV Media UK. "ZRL takes charge as Zambian concession revoked". Railway Gazette. Retrieved 2017-12-20.
  11. Zambeef Products Plc - an agribusiness involved in production, processing, distribution and retailing Archived 2016-12-20 at the Wayback Machine
  12. "Zambian Airline". Simple Flying. 12 August 2021. Retrieved 18 April 2022.
  13. Zampost". "Zambia Postal Services Corporation". Zampost.com.zm. Retrieved 2017-12-20.
  14. Zampost (1994-07-01). "Zambia Postal Services Corporation". Zampost.com.zm. Retrieved 2017-12-20.
  15. africanfinancials (6 April 2022). "ZM-FQMZ-2021-AR". africanfinancials.com/. Retrieved 18 April 2022.
  16. Lusaka Times (14 December 2019). "barrick-lumwana-mining-company-boosts-local-businesses". lusakatimes.com. Retrieved 19 April 2022.
  17. s25.q4cdn (2022). "doc_financial-annual_reports-2021-Barrick_Annual_Report_2021" (PDF). s25.q4cdn.com. Retrieved 10 May 2022.
  18. "MCM HAS SHOWN POTENTIAL FOR RETURN ON INVESTMENT". ZCCM Investments Holdings Plc. 2022-01-18. Retrieved 2022-04-30.
  19. miningnewsfeed (2019). "reports-annual-Vedanta_Resources_PLC_AR_2018_2019" (PDF). miningnewsfeed.com. Retrieved 10 May 2022.
  20. LuSE (10 Mar 2022). "CECZ-FY-DECEMBER-2021-ABRIDGED-FINANCIALS-SENS-10032022" (PDF). luse.co.zm. Retrieved 18 April 2022.
  21. africanfinancials (11 March 2022). "zm-puma-2021-ab-00". africanfinancials.com. Retrieved 13 May 2022.
  22. africanfinancials (25 January 2022). "zm-zmsg-2021-ar-00". africanfinancials.com. Retrieved 13 May 2022.
  23. African Financials (30 November 2021). "zm-zamb-2021-ab-00". africanfinancials.com. Retrieved 18 April 2022.
  24. LuSE (9 March 2022). "ZANACO-FY-2021-ABRIDGED-FINANCIALS-09.03.2022" (PDF). luse.co.zm. Retrieved 19 April 2022.
  25. LuSE (7 March 2022). "Zambrew-Abridged-Results-31-December-2021-SENS-07032022" (PDF). luse.co.zm. Retrieved 19 April 2022.
  26. African Financials (31 January 2022). "zm-zamefa-2021-ar-00". africanfinancials.com/. Retrieved 18 April 2022.
  27. African Financials (7 March 2022). "zm-chil-2021-ab-00". africanfinancials.com/. Retrieved 18 April 2022.
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