ZAMBIA SUGAR RECORDS 3% REVENUE GROWTH
By Ruth Chayinda-
Zambia Sugar last year recorded a three percent increase in revenue after hitting 5.1 billion Kwacha from 4.9 billion Kwacha in 2021.
Zambia Sugar Country Managing Director OSWALD MAGWENZI attributes the company’s strong performance to a rise in domestic sales volume of over 276,000 tonnes.
Mr. MAGWENZI says this is testament of the success of the commercial strategy despite the challenging market environment such as the appreciation of the Kwacha among others.
He said this during the Zambia Sugar breakfast meeting in Lusaka today.