Zambian Strong Balance Sheet Stocks

Chilanga Cement

Market Cap: K5.6b

Engages in the manufacture and sale of cement products in Zambia.

Zambia Bata Shoe

Market Cap: K471.1m

Engages in the manufacture and sale of footwear products primarily in Zambia.

Zambia Sugar

Market Cap: K12.2b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Puma Energy Zambia

Market Cap: K2.5b

Engages in marketing and distribution of petroleum products in Zambia.

AECI Mining Explosives

Market Cap: K765.2m

Manufactures and distributes bulk emulsion, packaged explosives, initiating systems, and explosives accessories in Central Africa.

British American Tobacco (Zambia)

Market Cap: K1.1b

Engages in the manufacturing, sales, and distribution of cigarettes and nicotine products in Zambia.

Zambia Reinsurance

Market Cap: K121.5m

Engages in the reinsurance business primarily in Zambia.

Zambian Breweries

Market Cap: K3.7b

Engages in the manufacture and distribution of alcoholic beverages in Zambia.

Copperbelt Energy

Market Cap: K21.7b

Engages in the generation, distribution, transmission, sale, and trade of electricity to mining customers in Zambia and the Democratic Republic of Congo (DRC).

Metal Fabricators of Zambia

Market Cap: K162.5m

Manufactures and sells copper rods, and copper and aluminum electrical conductors in Zambia.

Zambia Forestry and Forest Industries

Market Cap: K1.4b

Zambia Forestry and Forest Industries Corporation Plc establishes and manages pine and eucalyptus plantations in Zambia and internationally.

Zambia National Commercial Bank

Market Cap: K8.0b

Provides banking and financial services in Zambia.

Standard Chartered Bank Zambia

Market Cap: K3.3b

Engages in the provision of consumer banking, private and business banking, corporate banking, and wealth management services in Zambia.