The Zambia Forestry and Forest Industries Corporation (ZAFFICO) has taken over the ownership of Kawambwa Tea Estate, with immediate effect.
Kawambwa Tea Company Manager, Johns Bunda confirmed the takeover of the beleaguered State company which he says has since changed its name to ZAFFICO Tea Company.
ZANIS reports that Mr. Bunda disclosed the development during the District Development Coordinating Committee meeting held in the council chamber on Thursday.
Mr. Bunda said ZAFFICO has taken all the company’s liability and will soon start paying the former workers their outstanding wages and other entitlements.
He said at the time of taking over, Kawambwa Tea Company had 423 hectares of tea and 198 hectares of eucalyptus trees plantation.
Meanwhile stakeholders in Kawambwa have rejected the changing of the name of the former Kawambwa tea company to ZAFFICO Tea.
The District Development Coordinating Committee members have requested ZAFFICO to maintain the former name as a trade mark under the new management.