Simba Holding is gearing up for the production of maize meal as it seeks to meet the available demand for maize, maize meals, stock feeds, fish feeds, and other corn snacks (cornflakes and corn puffs) in the domestic and export markets.
Simba Holding is now ready for actual production after the satisfactory production trials that was going on for the past ten (10) months and obtaining all the relevant regulatory approvals.
The company was registered in 2019 as a subsidiary of SIMBA Group of companies to do manufacturing, being the second investment in the country after Simba Oil.
The event was graced by the Minister of Commerce and Industry Honorable Chipoka Mulenga, yesterday, the 15th November 2022 at Katuba area.
Simba Holding aims at bringing competitive prices coupled with efficient deliveries and excellent service to satisfy all of it’s customers’ needs, whereas, the vision of the company is to expand the supply of FMGs and household essentials to other regions of Zambia, and the neighbouring countries.
Other Ministers who attended the event were, Rueben Mtolo Phiri MP – Minister of Agriculture, Brenda Mwika Tambatamba – Minister of Labour and Social Security, and Honourable Member of Parliament for Katuba – Mwabashike Nkulukusa
Speaking during the launch of Simba Maize Miling Factory, the Group Chief Executive Officer for Simba Group of Companies David Ndelwa, said the plant’s production capacity is expected to expand from the current 150MT to 500MT/per day, and that this is not only an opportunity for job creation to the area, but also an expansion for Simba to meet the growing needs of maize meals and maize products of the Zambia market and the neighbouring regions.
The plant’s yearly revenue is expected to be USD 35million and it will create 300 direct jobs when operating at full capacity. “Our main markets target are Zambia itself, Congo, Namibia Angola & Botswana.” Stated Ndelwa.
He added further that, under the Ministry of Agriculture, where various bodies operate to facilitate and support the functions as mandated, Simba Holding is going to be among the beneficiaries, especially with the Food Reserve Agency (FRA) which acts as a marketing arm for agricultural produce in the country. As a registered business, Simba Holdings through its affiliation with MAZ can access maize grain from FRA under certain stipulated terms and conditions.
Ndelwa thanked and urged for the maximum cooperation from the government and all its ministries on this journey they have started. Mwebantu