Page 190 - zambia

Basic HTML Version

www.ebizguides.com
188
Commerce, Trade and Industry
therefore has drawn the attention of both the govern-
ment of Zambia and the Embassy of the People’s
Republic of China in Zambia.
There are about 70 staff members including the
managerial personnel and the senior technical en-
gineers dispatched from China. There are plans to
recruit about 300 employees from Zambia in the
hope of becoming the most competitive steel-making
company in Africa in the near future. As the company
grows they will continue to employ local people and
contribute to Zambia’s construction sector and fast
paced social development.
Considering the growing demand for steel prod-
ucts in Zambia, Good Time aims to fully satisfy the
market’s requirements and contribute directly to the
development of Zambia. They are also contributing
to the regional market by exporting steel products
to neighbouring Malawi, Tanzania, DRC, Burundi,
Congo and Zimbabwe.
Looking to the future, Good Time Steel aims to main-
tain their position as market leader and hopes to
grow with the Zambian economy.
The new Woodlands shopping complex, Lusaka
Zambeef Novatek Factory.
METAL FABRICATORS OF ZAMBIA PLC
Luis Corte
Managing Director
PO Box 90295, Copper Wires & Cables
Luanshya
Tel: +260-211-510479 / 510599
Fax: +260-211-511923 / 511109
lcorte@zamefa.co.zm
www.pdic.com
Metal Fabricators of Zambia, or ZAMEFA, was incor-
porated in 1968. Located in Luanshya, the company
supplies copper rods, bare copper wire, low voltage
power cables, building wires, flexible cables, and tel-
ecommunication cables to the Zambian market.
In 1994, Metal Fabricators of Zambia was converted
into a Public Listed Company on the Lusaka stock
exchange, and re-oriented itself into a position from
which it has continued to grow. ZAMEFA was then
privatized in 1996 making the Phelps Dodge Corpo-
ration, the second largest producer of copper in the
world, the majority shareholder in the company.
ZAMEFA has since invested substantial amounts of
capital in the forms of plant upgrades and capacity
expansions. These investments and the recent ac-
quisition of various casting machines have enabled
the company to increase its production capacity sig-
nificantly.
Exports account for approximately 88% of the com-
pany’s turnover, Southern and Eastern Africa along
with India have become its most important export
markets. However, ZAMEFA aims to develop new
market in roads throughout West Africa, the Far East
and the COMESA region. On the domestic market,
ZAMEFA supplies cables to the electrical and tel-
ecommunications utilities and the mines, amongst
others.
ZAMEFA is committed to health & safety in the work-
place and protection of the environment. The Com-
pany is ISO 9001:2000 and ISO 14000:2004 certi-
fied and has obtained certification marks on magnet
wires and low voltage cables by the South African
Bureau of Standards. ZAMEFA welcomes foreign
investors and businesses seeking information or
business opportunities and partnerships in Zambia.