Search Results for "ZCCM IH"

Finance, ZCCM-Investment Holdings PlcApril 11, 2021

ZCCM IH signals intention to continue with KCM appeal process
ZCCM IH has advised shareholders that it intends to appeal against the decision of the Court of Appeal and to stay the judgment in the matter relating to KCM, according to a statement from the Company. According to the statement, “Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the announcement dated 23 May […]

Finance, ZCCM-Investment Holdings PlcMarch 21, 2021

Why the acquisition of 90% of additional shares in Mopani by ZCCM IH is a timing masterstroke
In the era of ‘irrational’ economics, astute investors must keep an eye on the happenings in the macro environment to make sound investments. Although not a traditional risk associated with happenings in the macro, the global shutdown that Covid 19 caused meant that commodities would only see a northward trajectory when the world opened up. […]

Finance, ZCCM-Investment Holdings PlcMarch 14, 2021

Is ZCCM IH’s new strategy aligned with Government’s Economic Recovery Plan?
When the President of Zambia announced the Economic Recovery Plan (ERP) for the period 2020 to 2023, many sectors were identified that would be key priority areas for the country’s turnaround. ZCCM IH’s key focus area in its new strategy was one of those areas. According to the ERP, available on the Ministry of Finance […]

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 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 PlcDecember 22, 2020

ZCCM IH provides a further update on the Mopani discussions
ZCCM IH has indicated that discussions around the future of Mopani are currently still under discussion, according to a statement released by the company. “Further to the cautionary announcement date 4th September 2020, ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) wishes to advise Shareholders and the market that the Company’s discussions with Glencore Finance […]

Finance, ZCCM-Investment Holdings PlcDecember 17, 2020

ZCCM IH provides strategic update to the market
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) and market participants are advised by way of update of the ongoing key strategic and operational activities in the Company as outlined below. 1. Strategic Plan (2020-2026) The ZCCM-IH Board approved the Strategic Plan (2020-2026) in September 2020. With a renewed strategic focused investment impetus […]