ZAFFICO stakeholders fund soars to K1m
Published On June 8, 2021 » 221 Views» By Times Reporter » Business, Stories
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By CHATULA KANGALI –
THE Zambia Forestry and Forest Industries Corporation (ZAFFICO) shareholders fund has increased to K1, 024 million due to the issuance of the new shares at premium and retained earnings.
The shareholders fund increased to K1, 024 in 2020 from K690 million recorded in 2019.
The corporation’s total asset increased to K1, 228 million in 2020 due to investment in plantations information from K880 million in 2019.

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