Finance, ZCCM-Investment Holdings PlcFebruary 15, 2020

ZCCM IH dividend payment week –  A tale of three speeches
ZCCM IH Chief Executive Officer, Mabvuto Chipata concluded his dividend cheque presentation week at the headquarters of the Industrial Development Corporation (IDC) in Lusaka, Zambia by presenting the largest cheque by value of approximately K27.2 million to Chief Executive Officer Mateyo Kaluba, on Thursday 13th February 2020, after two others were presented to shareholders NAPSA […]

Finance, ZCCM-Investment Holdings PlcFebruary 14, 2020

(Sponsored)Remarks By Mr. Mabvuto Chipata, Chief Executive Officer – ZCCM-IH During the Dividend Cheque Handover for Financial Year ended 31st March 2019 to The Industrial Development Corporation Limited
The IDC Group Chief Executive Officer, IDC, and ZCCM-IH senior management and staff, Members of the Press, Good morning I am delighted to be here to present the dividend cheque to the Industrial Development Corporation, of approximately K27.2 million. Early in the week, we presented dividend cheques to other shareholders, the Ministry of Finance with […]

Finance, ZCCM-Investment Holdings PlcFebruary 12, 2020

(Sponsored) Remarks By Mr. Mabvuto Chipata, Chief Executive Officer – ZCCM-IH During the  Dividend Cheque Handover for Financial Year ended 31st March 2019 To the National Pension Scheme Authority
The NAPSA Board Chairman,  NAPSA Chief Executive Officer, NAPSA and ZCCM-IH senior, management and staff, Members of the Press, Good morning. I am happy to be here to present this dividend cheque to the National Pension Scheme Authority, of approximately K7.9 million. NAPSA is one of our key shareholders with a 15% stake in ZCCM-IH. […]

Finance, ZCCM-Investment Holdings PlcFebruary 11, 2020

(Sponsored) Remarks By Mr. Mabvuto Chipata, Chief Executive Officer – ZCCM-IH During the  Dividend Cheque Handover to Ministry of Finance
Remarks By Mr. Mabvuto Chipata, Chief Executive Officer – ZCCM-IH During the  Dividend Cheque Handover for Financial Year ended 31st March 2019 To the Ministry of Finance The Honourable Minister of Finance, Dr. Bwalya Ng’andu, Ministry of Finance Directors and senior staff present, ZCCM-IH senior management and staff, Members of the Press, Good morning! I […]

Finance, ZCCM-Investment Holdings PlcJanuary 27, 2020

Zambia’s Amethyst And Emeralds Receive Positive Feedback from The Ghanaian Jewelry Market
Ghana, Accra, 27 January 2020 – Zambia’s amethyst and emeralds have received positive feedback from the Ghanaian jewelry market. This came to light when a Zambian delegation comprised of the Ministry of Mines and Minerals Development and ZCCM Investments Holdings Plc (ZCCM-IH) paid a courtesy call on Zambia’s Acting High Commissioner to Ghana Mrs Phyllis […]

Finance, ZCCM-Investment Holdings PlcJanuary 18, 2020

ZCCM IH enters a new era – Mabvuto Chipata’s Golden era has begun
In a week that saw ZCCM IH Group CEO Mabvuto Chipata declare a profit for the year of K448 million and a K53 million dividend for the financial year ending March 2019 at their Annual General Meeting, it was the announcement of the group’s gold intentions that were the limelight and focus that the group […]

Finance, ZCCM-Investment Holdings PlcJanuary 14, 2020

ZCCM IH confirms Gold as a ‘strategic focus area’
Zambia’s leading investment group by assets and shareholding, ZCCM IH has announced the setting up of a gold company that will see the group participate in the countries gold value chain, according to a statement issued by the company. “In line with one of its strategic objectives in mining, ZCCM Investments Holdings Plc (‘ZCCM-IH’) wishes […]

Finance, ZCCM-Investment Holdings PlcJanuary 12, 2020

ZCCM IH Announces Gold Processing Joint Venture; Mabvuto Chipata sets the tone for his inaugural AGM as CEO
At the epilogue of 2019, ZCCM IH and Karma Mining Services & Rural Development Company signed a Joint Venture that will see the investment group further cement its case as an investor in mining services, according to a statement from the group. “On 23 December 2019, the Board of Directors of ZCCM-IH approved the proposal […]

Finance, ZCCM-Investment Holdings PlcDecember 26, 2019

[Sponsored] ZCCM IH Half Year 2019 Performance
FINANCIAL PERFORMANCE HIGHLIGHTS The Group recorded a turnover of ZMW98.2 million for the six-month period ended 30th September 2019 which represents a 45% increase over the turnover of ZMW67.5 million reported during the six months to 30th September 2018. The increase is largely on account of improved interest income from Investrust Bank Plc for the […]

Finance, ZCCM-Investment Holdings PlcDecember 22, 2019

Konkola Copper Mines – An account of broken promises
Much has been published regarding the relationship between ZCCM IH and Vedanta (the majority shareholder of Konkola Copper Mines Plc). According to the recently published annual report, ZCCM IH which owns a minority stake of 20.60%, decided to take action in a contentious relationship. For a relationship that has lasted more than a decade, the […]