Official opening of Skretting Zambia – Nutreco and African Century Foods commissioned the new joint venture fish feed mill in Siavonga on 20th June 2017. African Century Foods holds a 25% shareholding and will account for the largest part of the offtake from the mill for its Zambian and Zimbabwe operations. The feed mill has a total capacity of 30 000T per annum, and also produces crocodile feed.
Surrey Partnership – on 1st September 2017, Lake Harvest Distribution entered into a partnership arrangement with Surrey Group whereby Surrey will distribute and merchandise all LHA products outside of Harare. LHD will focus on its retail branches in the provinces offering both Lake Harvest fish and Surrey chicken and meat frozen protein.
DFCU Loan facility to fund SON expansion – In November 2017, SON secured a $500 000 7 year loan facility to fund planned expansion of the hatchery, cage operations and sales and distribution channels in East Africa.