Finance, ZCCM-Investment Holdings PlcJuly 28, 2019

(Sponsored) CAUTIONARY ANNOUNCEMENT – ZCCM IH Plc
In accordance with the requirements of the Lusaka Securities Exchange Listings Rules (“LuSE Listings Rules” or the ”Rules”), shareholders of ZCCM Investments Holdings Plc (“ZCCMIH” or the “Company”) are advised that ZCCM-IH has on 21 May 2019 filed a petition in the High Court of Zambia for the winding up of Konkola Copper Mines Plc. […]

Finance, ZCCM-Investment Holdings PlcJuly 21, 2019

(Sponsored) ZCCM -IH | Konkola Copper Mines Plc Further Cautionary Announcement
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) are referred to the announcement dated Wednesday 23rd May 2019, in which they were advised that ZCCM-IH filed a petition in the High Court of Zambia for the winding up of Konkola Copper Mines Plc on 21st May 2019. ZCCM-IH filed the said petition pursuant […]

Economy, Finance, Strategy, ZCCM-Investment Holdings PlcJuly 9, 2019

The Birth of Kabundi Mining Resources
-The Future of Zambian Mining as prophesized by ZCCM-IH After weeks of delirium over what the future of mining in Zambia was going to be with the debacle of KCM (one of ZCCM IH’s investee companies), Zambia’s premier investment company made an announcement that brought hope to investment in the sector. “At its Special Board […]

FinanceJune 4, 2019

IZWE retreats from IPO
IZWE will not be listing on the Lusaka Securities Exchange in 2019 after months of anticipation following cautionary announcements that exposed the personal loans company intentions of seeking an Initial public offering. The company’s presence on the LuSE has been known for its listed notes. A listed note is basically a structured debt security issued […]

Finance, ZCCM-Investment Holdings PlcMay 2, 2019

Growth in the Electric Car Industry Boosts Interest in Zambia’s Battery Metals: ZCCM IH
ZCCM and Ministry of Mines and Minerals are currently attending the Mines and Money conference and exhibition in New York Permanent Secretary in the Ministry of Mines and Minerals Development Mr. Paul Chanda says Zambia’s mining sector still presents vast investment opportunities in spite of the domestic and global challenges.   Speaking on the sidelines […]

Finance, Madison Financial Services PlcApril 25, 2019

Madison Financial Services Plc 2018 Performance
Madison Financial Services Plc operates a close-knit and WELL DIVERSIFIED FINANCIAL SERVICES GROUP of companies, offering various products and services in the following businesses Madison General Insurance, Madison life Insurance, Madison Finance, Madison Asset Management, Madison Capital and Hillview Estate Limited. Madison was the first privately owned insurance company following the liberalizat

ZCCM-Investment Holdings PlcApril 24, 2019

IDC Settles $19 Million ZCCM IH Loan
The twelve month $19 million bridging loan facility secured in 2018 by the Industrial Development Corporation (IDC) sourced from one of its high performing portfolio companies, ZCCM IH, has now been settled. IDC CEO Mateyo Kaluba’s Team approached the ZCCM IH management team early 2018 for a loan facility whose sole purpose was for securing […]

Finance, ZCCM-Investment Holdings PlcMarch 31, 2019

ZCCM IH Board Signal Confirmation of Director
ZCCM IH has signaled to the market that it has have every intention to firm up on the executive appointments at the company following the recent announcement of the appointment of current Acting Chief Executive Officer, Mabvuto Chipata, as Executive Director on its board. Mr. Chipata was appointed Acting CEO on 1st February following the […]

Finance, ZCCM-Investment Holdings PlcMarch 7, 2019

Mwanakatwe expresses gratitude over Dividend from ZCCM IH
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

Finance, ZCCM-Investment Holdings PlcMarch 6, 2019

Ministry of Finance Receive a Dividend from ZCCM IH
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 […]