1 Min Read
LUSAKA, June 8 (Reuters) - Refined sugar production at Zambia Sugar, a unit of Associated British Foods , increased 47 percent to 65,000 tonnes in the year ended Mar 31, driven up by increased refining capacity, the company said on Thursday.
However, total sugar production fell 6 percent to 359,000 tonnes compared to last year mainly due to reduced cane supply following a drought, its managing director Rabecca Katowa said.
"The $80 million investment into our new state-of-the-art Nakambala refinery has undoubtedly positioned the company well for future growth. It solidifies Zambia Sugar's strategy of focusing on domestic and regional markets growth," Katowa said in a statement. (Reporting by Chris Mfula; Editing by Ed Stoddard)