On Wednesday morning, Zambia Consolidated Copper Mines-Investment Holdings presented the Zambian Government with a dividend cheque worth K16.8 million. Finance Minister Honorable Margaret Mwanakatwe received the cheque on behalf of the Government from Zambia Consolidated Copper Mines aCEO, Mavuto Chipata at the Ministry Of Finance. Mrs. Mwanakatwe expressed gratitude to Mr. Chipata and explained t
05th March 2019, Lusaka – ZCCM Investments Holdings Plc (ZCCM-IH) has remitted a dividend of K16.8 million to the Ministry of Finance who own 17.25% of the Company. This dividend is out of the K98.1 million total dividend declared for the year ended 31st March 2018. Receiving the dividend cheque in Lusaka today, Minister […]
Monday the 4 of March 2019 will forever echo in Mabuvto Chipata mind for some time to come. This is the day that he delivered two life size cheques to two key stakeholders in: IDC and NAPSA as acting CEO of ZCCM IH. In his maiden dividend cheque delivery as the current leader of one […]
04th March 2019, Lusaka – ZCCM Investments Holdings Plc (ZCCM-IH) has declared a dividend worth K50.3 million to the Industrial Development Corporation (IDC) and K14.7 million to the National Pension Scheme Authority (NAPSA). This is out of the K98 million total dividend declared for the year ended 31st March 2018. Speaking during the dividend […]
ZCCM IH recently charge up Mapatizya with the unveiling of equipment worth K6 million for its investment in Kariba Minerals Limited which is intended to shake up the industry. The investment group, currently under the stewardship of Mabvuto Chipata who is Acting CEO, recently announced that it would be acquiring the remaining 50% shares in […]
ZCCM Investments Holdings Plc has procured mine equipment at a cost of K6 million for Kariba Minerals Limited in an effort to increase production at the mine. The equipment which include two tipper trucks, one excavator and one front end loader was officially handed over to Kariba Minerals in Mapatizya today. Speaking during the […]
Following Copperbelt Energy (CEC Plc) disposing off its 50% shareholding in CEC Liquid Telecommunication Limited (CEC Liquid Telecom) to pan-African telecoms group, Liquid Telecommunication Holdings Limited (Liquid Telecom) in October 2018, investors in the company waited with baited breath for the CFO through his subcommittee on the board to conclude deliberations for the submission of […]
For months, Financial Insight had been pursuing an exclusive interview with the CEO of ZCCM IH. The investment group of companies had come under our radar following notable achievements following Dr Pius Kasolo’s ascension to the mining investment group’s throne on 1 October 2014. A review of the last 10 financial reports tells a story […]
The following statement was published on the ZCCM IH website Below are some extracts from the Chairman’s Statement: I am delighted to have been appointed Chairman of the ZCCM-IH Board from 6 March 2018. I am particularly happy to serve on the ZCCM-IH Board which comprises very qualified and dedicated professionals whose contribution to the […]
In 2018, ZCCM IH maintained its position as one of the most diversified investment companies in Zambia. With various interests in the energy, mining, agriculture and other sectors, it has positioned itself as the quintessential investment partner in the Zambian economy. As Industrial development Corporation Ltd (IDC) highest dividend payer, ZCCM-IH’s financial statements for the […]
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