ZCCM-Investment Holdings PlcFebruary 28, 2021

Can ZCCM IH continue to pay a consistent Dividend under the new Strategy?
One of the ways that listed companies ensure that they have the continued support of key stakeholders such as investors in the company is by maintaining regular dividend payments. It is the desire of every investor to realize a return on investment over the investment horizon. This is why during its 78th meeting held on […]

Finance, ZCCM-Investment Holdings PlcFebruary 23, 2021

Update on arbitration proceedings against ZCCM-IH and Kansanshi Mining Plc (“KMP”) by Kansanshi Holdings Limited (“KHL”)
Further to the cautionary announcement dated 25 November 2020, the Board of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company” or “the Board”) hereby wishes to inform shareholders and the market that arbitration proceedings against ZCCM-IH and Kansanshi Mining Plc (“KMP”) by Kansanshi Holdings Limited (“KHL”) have progressed. The arbitration tribunal has issued a Partial

Finance, ZCCM-Investment Holdings PlcFebruary 21, 2021

What “IH” achieved in the 2 years of their “rebooted” strategic plan
When a company decides to change its strategic direction, it can only mean one thing: They have seen opportunities that they believe their resources and capabilities can enable them to take advantage off. One can imagine that after two years of pursing a 5 year strategy from 2018, the investment analysts and strategists at ZCCM […]

Finance, ZCCM-Investment Holdings PlcFebruary 20, 2021

Statement from ZCCM IH CEO on the new strategic direction of the investment company
We have developed the ZCCM Investments Holdings Plc (ZCCM-IH) new Strategic Plan 2020-2026 to pursue a mining focused investment strategy that is premised on growth and innovation, with a clear intent to drive the company to investment optimisation and financial excellence. This new strategic plan (the”2020-2026 Strategic Plan” or the “Strategic Plan”) has been motivated […]

Finance, ZCCM-Investment Holdings PlcFebruary 13, 2021

ZCCM IH to focus on mining in new strategic plan
After two years of executing a 5-year strategic plan, ZCCM IH’s board has made the bold decision to change its strategic course towards a more impactful undertaking that will see the investment group focus on mining, according to the Board Chairperson in his message to shareholders. “Two years into our 2018-2023 Strategic Plan we have […]

Finance, ZCCM-Investment Holdings PlcJanuary 21, 2021

Further cautionary announcement from ZCCM IH on Mopani acquisition
Further to the cautionary announcement dated 21st December 2020 and the recent press announcements, ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) hereby provides a further update to shareholders and the market that the Company’s discussions with Glencore Finance (Bermuda) Ltd (“Glencore”) regarding the future of Mopani Copper Mines Plc (“Mopani”) have progressed. ZCC

Economy, Opinion, ZCCM-Investment Holdings PlcJanuary 20, 2021

Cautionary Announcement on KCM from ZCCM IH
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the announcement dated 23 May 2019, concerning the filing by ZCCM-IH of a petition in the High Court of Zambia for the winding up of Konkola Copper Mines PLC (“KCM”) on 21 May 2019 (the “Petition”), the appointment by the Court of Mr Milingo Lungu […]

Finance, ZCCM-Investment Holdings PlcJanuary 20, 2021

BOARD CHAIRMANS SPEECH ON ZCCM-IH’S ACQUISITION OF 90% SHARES IN MOPANI COPPER MINES
REMARKS BY MR. ERIC SILWAMBA, SC., BOARD CHAIRPERSON ZCCM INVESTMENTS HOLDINGS PLC DURING A PRESS BRIEFING ON ZCCM-IH’S ACQUISITION OF 90% SHARES IN MOPANI COPPER MINES PLC AT THE GOVERNMENT COMPLEX ON 18TH JANUARY 2021 Good morning Today’s event is a momentous occasion for ZCCM-IH and the country, as we pen down an agreement with […]

Finance, Madison Financial Services PlcDecember 28, 2020

Lawrence Sikutwa’s Madison Financial Services signals a ‘financial reboot’
In a year that was overshadowed by Covid-19, one screaming headline in May 2020 caught the eyes of many financial analysts in Zambia. Was Lawrence Sikutwa about to dispose of his beloved LSA Group? The financial maestro was quick to dispel the false expose by Lusaka Times and put it on record that LSA was […]

Finance, Madison Financial Services PlcDecember 28, 2020

Madison Financial Services enters a Share Purchase Agreement
Further to the cautionary announcement by Madison Financial Services PLC (“MFS”) published on SENS dated 8th December 2020, shareholders and the market are hereby advised that Lawrence Sikutwa & Associates Limited (“LSA”) and ZFI Holdings Limited (“ZFI”), the two largest shareholders in MFS, have separately executed Share Purchase Agreements (the SPAs) with XYLEM Trading (Pty) [&he