date:Dec 04, 2014
Zambian agri-business company Zambeef is in talks with a third party to divest edible oil and soya meal producers Zamanita Limited.
The move follows the publication of a cautionary announcement regarding the transaction on the Lusaka Stock Exchange on 3 December, which was required as part of the rules and regulations.
The divestment of the edible oil and soya meal producer is subject to inter alia, due diligence and certain conditions precedent.
However, making a binding offer for Zamanita i