MK Publishers Limited – Zambia (MK Zambia) is a private limited liability company (herein after referred to as “the company”) which was incorporate in Lusaka, Zambia on 13 May 2011, certificate registration number 92353.
The mother company MK Publishers Limited (MKPL) was incorporated on 25 January 1995; with the Group’s Head Office in Kampala – Uganda. MKPL isa regional player, covering the Eastern and Southern African Region providing quality and affordable school textbooks for the African child, which meets the customer’s expectations. Countries of operation and distribution include; Uganda, Rwanda, Ethiopia, South Sudan, Zambia, Kenya, Tanzania and Burundi.
The company is one of the leading Primary and Secondary school book publishing houses in Africa with over 1,500 book titles covering among others, the whole range of textbooks in the Primary and Secondary curricula, general books, academic and scholarly works; representing a huge investment in book development, stock printing and fixed assets.
The books market is poised to continue on the growth path in the foreseeable future. The economies within the region have continued to register positive growth. Consumption of books is directly related to economic activities of various economies in the Region. Research on the regional Central Banks quarterly reports, Bureau of Statistics reports, Education Ministries reports indicate a robust growth in the purchase of text books, and forecasts portend a growth trend mainly due to changes in Education syllabuses.
With a foregoing MK Zambia is poised to be a major player in the Publishing Industry.
” ………………. to be a leading schools publishing house producing books based on the outside-in market concept with the countries’ specific local flavors at competitive prices using self-driven, in-house developed staff who are highly motivated, time conscious and with an eye for quality…………. “
The company does recognize the need for quality education in Africa, and wants to play a leading role especially in publishing of quality but affordable text books for the African child.
To be a leading school books publisher in Africa with an eye for quality
-To place a premium on the voice of a customer
-To pursue excellence in people practices
-To engender effective team work
-To ensure fairness,integrity and transparency
-To be passionate about our work
-To value our customers, as they are our sole source of cash flow
CORPORATE KEY OBJECTIVES
MK Zambia aims to be a customer-centric, quality, and profit oriented publishing company serving customer needs in a multi-segmented market compromising individuals, Bookshops, Retailers, Schools, NGOs, World Bank, Africa Development Bank, Government among others. To achieve this, a decentralized execution approach making staff responsible and accountable is implemented and will continue to be with a view of achieving the following main objectives by 2017.
-Market Share: To achieve a 40% market share in Zambia;
-Profitability: To sustain a minimum return on average assets of 15% and a minimum return on average shareholder equity of 20% over the plan period;
-Growth: To achieve minimum annual revenue growth rate of 30% over the plan period.