Copperbelt Energy Corporation Plc, Energy, ZCCM-Investment Holdings PlcFebruary 6, 2019

CEC Investors in “Liquid” Windfall with ZCCM IH a Big Winner
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 […]

ZCCM-Investment Holdings PlcFebruary 2, 2019

The Financial Obituary of Dr Pius Kasolo
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 […]

ZCCM-Investment Holdings PlcJanuary 30, 2019

ZCCM Board Chairman’s Statement on 2018 Annual Performance
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 […]

Finance, ZCCM-Investment Holdings PlcJanuary 24, 2019

ZCCM IH 2018 Performance Review – Potential Investment Sector   
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 […]

Finance, ZCCM-Investment Holdings PlcJanuary 17, 2019

The Rise of the Roan Antelope – ZCCM IH 2018 Performance
A company that earns income from the payment of dividends, rent or interest is called an Investment Holding Company. The investment holding company does not produce goods or offer services itself, and instead acts as a holding company by owning shares of other companies. One example of an investment holding company is a ZCCM IH. […]

Finance, ZCCM-Investment Holdings PlcJanuary 3, 2019

ZCCM IH 2018 Half Year Review
In their last act for 2018, ZCCM IH managed to deliver the SENS announcement (published on 28th December 2018) that would reveal the investment group’s half year performance. This was on the back of a big announcements made in the weeks following up to this moment when the company declared that it had increased interests […]

ZCCM-Investment Holdings PlcJanuary 2, 2019

ZCCM IH Posts 476% higher EPS
PRESS RELEASE In   accordance   with Section   3.4(b) Lusaka Securities Exchange  (“LuSE”)  Listings Requirements, the Board of Directors of ZCCM – Investments Holdings PLC (the “Company” or “ZCCM-IH”) hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the six-month period ended 30 September 2018 is expected to be approximately 476%

Finance, ZCCM-Investment Holdings PlcDecember 4, 2018

ZCCM IH Inks Cement EPC and FAC Contract
ZCCM IH’s impresario, Dr Pius Kasolo, has made no secret of the fact that he wants to grow his investment company’s group portfolio. That is why the press team at Financial Insight were not surprised when the invitation came for the attendance to the signing ceremony of the Financing Agreement Contract (FAC) at their office […]

Finance, ZCCM-Investment Holdings PlcNovember 23, 2018

Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) are referred to the announcement dated Friday, 3rd August 2018, wherein the shareholders as well as other market participants were informed that Ndola Lime Company Limited (“NLC”), an investee company of ZCCM-IH, continues to be in financial distress. ZCCM-IH has over the past 10 years […]

Finance, ZCCM-Investment Holdings PlcNovember 23, 2018

ZCCM Investments Holdings PLC Acquires additional 50% Shares in Kariba Minerals Limited
PRESS RELEASE On 7th November 2018, ZCCM Investments Holdings Plc (ZCCM-IH) acquired an additional 50% shareholding in Kariba Minerals Limited (KML) which is Zambia’s largest Amethyst mine. This acquisition means that ZCCM-IH now owns 100% shares in KML. The shares were acquired from Gemfields Limited at a total consideration of US$2,500,000. The completion of the […]