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Zambia

Miyoba Buumba, a Zambian entrepreneur taking her passion for African design and turning it into a distinctive homeware and accessories brand

Often a business idea stems from a personal passion, and in the case of Miyoba Buumba, founder of Mwabonwa Designs in Zambia, that passion came from her interest in proudly African design. Today, her brand is a reflection of her own design inspiration and her love of African style and culture.

What does your company do?

Mwabonwa Designs specializes in designing and creating a range of decorative homeware including curtains and duvets, pillows and African prints, and also beaded jewelry and accessories, as well as kids wear.

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Rose Sibisi, a Zambian woman entrepreneur taking her lifestyle brand to her audience through the airwaves

Personality-led brands and businesses connect with audiences because of precisely that - they are created by women entrepreneurs who are big on passion and personality. Rose Sibisi is an entrepreneur who has both of these traits in huge quantities, and her passion for what she does is infectious. Her popular Talk Show, StylewithRoseS, is must-watch television.

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Zambia: Ignoring golden rules of taxation can strangle your economy

In 1789, Benjamin Franklin made famous the phrase, “In this world nothing can be said to be certain, except death and taxes,” observing that in a world filled with uncertainty, there are two things we can count on: that we will all eventually meet our maker, and that taxation has been a feature of every civilisations since ancient Egypt. This is a civic duty that we accept as citizens of a nation. Taxation, after all, is the foundation of a prosperous, well functioning and cohesive society. It is at the heart of what binds us as members of our wider community, funds essential services and redistributes resources in order for us all to prosper collectively. But although the benefits afforded to society through taxation are plentiful, it is a complicated balancing act with as many potential pitfalls as benefits.

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Why Zambia’s top food business attracted investment from UK’s CDC

The UK’s development finance institution, the CDC Group, announced recently that it has acquired a 17.5% equity stake in Zambeef Products for US$65m. Zambeef is listed on both the Lusaka Stock Exchange and the London Stock Exchange’s Alternative Investment Market (AIM). It is a leading farm-to-shop supplier of a range of food products in Zambia – from meat, dairy and eggs, to edible oils and flour. The company operates the in-store butcheries for Shoprite, one of Africa’s top supermarket chains, and runs the fast-food brand Zamchick Inn.

Zambeef is also growing its operations in Nigeria and Ghana on the back of its partnership with Shoprite, which has ambitious expansion plans for these markets. The CDC, which invests in businesses solely in Africa and South Asia, will help Zambeef fund additional retail stores and Shoprite butcheries, develop its cold-chain warehousing, as well as grow its dairy farm and processing operations. Capital will also be directed at expanding its animal feed milling business (Novatek), which Zambeef’s co-founder Francis Grogan says has found a strong export market. Listen to How we made it in Africa‘s Kate Douglas talk to Tim Pollock, CDC’s investment director for food and agriculture, to learn more about the institution’s plans for Zambeef.
 

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