The company acquired a controlling interest in Nanga Farms Plc (’Nanga’) a cane growing company, located adjacent to the Nakambala Estate, and currently producing around 350,000 tonnes of sugarcane. To fund the acquisition of Nanga and meet other capital requirements, the Company made a Rights Issue in that year which led illovo Sugar to dilute its shareholding in Zambia Sugar to 81.55%. The shares released by llovo have empowered  Zambians though increased shareholding by institutional investors and individuals.