SUPREME OIL is a woman owned business who intends to establish an Oil extraction Plant in Zambia and to penetrate the market through niche of production and processing of edible oils distribution and marketing of soya bean cakes and stock feeds. The company seeks to promote affordable oil and stock feed in a competitive market thereby increasing its sales through economic returns. The Zambian Government announced the ban on edible oil important in 2015, Thereby motivating us a women farmers to produce and process in ensuring that our produce has value addition.
First and foremost, in Zambia, there is a huge deficit of local production of edible oil. Zambia has a about 70% deficit (ZNFU 2013). Domestic edible oil production is about 40,000 tonnes, imported is about 100,000 tonnes and exports about 24,000 tonnes. The deficit will be reduced as our company starts to produce cooking oil IN BULK as well as feed. There will be promotion of the domestic edible oil and oil seed sector by reducing demand of imported crude oil and semi-processed edible oil on the local market and stimulate demand for the local industry. Also the solution which will be given to the country is the reduction of Forex to go out of the country to import edible oil hence farther strengthen the local currency against the international convertible currencies.
Farther more, at the later stage, our edible oil will be exported to some of the Southern African companies/countries hence earning foreign exchange which will circulate in the economy of the country. The enterprise reduces the deficit on the feed for animals in the country which includes poultry feed. Which means the ultimate result is having productivity in animal husbandry as well as high quality. When exported, there will be Forex earned for the benefit of the country. This will also enhance the formation of small holders farming system which is already in place and running. Government will be receiving revenue in form of value added tax and pay as you earn.
This business plan explores the possibilities of developing a strategy of mobilizing resources to raise investments and operational costs for procurement of the commodity for processing, marketing and production of secondary products (stock feed).
MEET THE TEAM
Director / Farmer
WHO: Training and Marketing