Privitisation Status

Offered/Advertised

DGH Polyproducts Limited (DGH). DGH is a manufacturing company producing plastic products located in Lusaka city.

DGH has now been advertised and technical proposals are invited from technically and financially qualified bidders.

Motor City Limited. Motor City Limited was formerly known as Avalon Motors and its main line of business was the sale of motor vehicle spare parts, motor vehicle repairs and sale of motor vehicles on behalf of its clients. This line of business is no longer being pursued.

The company is now available for sale as none going concern.
Nitrogen Chemicals of Zambia (NCZ). NCZ is a manufacturer of fertilisers and industrial chemicals and is wholly-owned by the Government of the Republic of Zambia. NCZ main line of business has the manufacture of Ammonium Nitrate for further processing into explosives for the mining industry. NCZ was later expanded to include the production of NPK Compound fertilisers, sulphuric acid and Ammonium Nitrate fertiliser. Operational difficulties attributed to design deficiencies and other factors including loss of market following the liberalization of the fertiliser market, increased production costs and lack of working capital causing the closure of the Ammonia and Ammonium Nitrate plants in 1991 and 2002, respectively.

NCZ is available to investors capable of recapitalising the company and bringing it back into profitable production.

Future Floatation

Nanga Farms Plc is an agricultural based company producing sugarcane for the sugar industry. The sugar produced by Nanga Farms plc is off taken by Zambia Sugar plc which is owned by Illovo Group of Companies.

Government holds 23.7% shares in Nanga Farms Plc and these could be available for flotation to the Zambians through the Lusaka Stock Exchange (LuSE).

Future Privatisation

Company Profiles

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Highlight

"Many investors would like to come to Zambia because of Government's corruption fight and we are overwhelmed!" Robert Schinga, Minister of Commerce Trade and Industry.