List of companies of Zambia
Location 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.
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%[citation needed ]
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 [ 12]
1896[ 13]
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
[ 14]
Zambia operations of First Quantum Minerals , Kansanshi and FQM Trident (Sentinel) Mining Operations
Lumwana Mining Company Limited (LMC)[ 15]
16,835,000,000
[ 16]
Zambia operations of Barrick Gold Based on USD$962m
Mopani Copper Mines Plc
14,927,500,000
[ 17]
Based on USD$853m (2021 ZMW spot conversion) in extraction at Mopani Copper Mines.
Konkola Copper Mines Plc
11,978,400,000
[ 18]
Based on USD$1,085m (2019 ZMW Average year ended 31 March 2019) in operations
Copperbelt Energy Corporation
5,985,000,000
[ 19]
Based on USD$342m (2021 ZMW spot conversion) revenues.
Puma Energy Zambia
5,841,402,000
[ 20]
Zambia Sugar
4,989,980,000
[ 21]
Zambeef Products
4,974,351,000
[ 22]
Zambia National Commercial Bank
3,511,658,000
[ 23]
Zambian Breweries
3,068,959,000
[ 24]
Metal Fabricators of Zambia
2,424,306,000
[ 25]
Chilanga Cement
2,113,725,000
[ 26]
See also
References
External links
Communications Industries:
List of companies of Africa
Sovereign states States with limited recognition
Dependencies and other territories