ZCCM-Investment Holdings PlcSeptember 22, 2021

Further cautionary announcement on ZCCM IH – Kansanshi Mining Plc proceedings
Further to the cautionary announcements dated 25 November 2020 and 23 June 2021, 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”) are yet to be disposed […]

Finance, Madison Financial Services PlcAugust 1, 2021

Madison Finance records weaker financial performance due to weakness in business model
When Madison Finance Limited reported its end of financial year results on Friday 23 July 2021, investors had to brace for weaker financial performance from the financial services coming. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Madison Finance Limited (“the Company”) hereby advises the Shareholders of the […]

Finance, ZCCM-Investment Holdings PlcJuly 29, 2021

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

FinanceJuly 7, 2021

Shell Foundation grants ZAR4.2m funding to Africa Trust Group
Cape Town, 30 June 2021 – Africa Trust Group (ATG) is pleased to announce new funding from Shell Foundation, a UK charity that helps create and scale business solutions to enhance access to energy and supports people living in low-income communities.   This grant has been provided as part of the CASEE partnership between Shell […]

Finance, OpinionJuly 7, 2021

JUSTIN CHOLA RETIRES ON A HIGH
Bayport co-founder Justin Chola was treated to a red carpet retirement after 17 years at the helm of the company he built from scratch into what is now a leading multinational. Mwenzi Mibenge Mulenga will take over the reins into a new era. Born in the small mining town of Luanshya in a humble middle […]

Finance, ZCCM-Investment Holdings PlcJune 24, 2021

Arbitrator in the “end game” of Kansanshi case with ZCCM-IH
Shareholders in Zambia’s largest mining investment firm have been advised that the arbitration case involving one of its investee companies has continued to progress and is nearing an end, according to a statement from ZCCM IH. “Further to the cautionary announcement dated 25 November 2020, the Board of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the […]

FinanceJune 24, 2021

Benefits of implementing an effective internal control reporting framework
What comes to mind when we think about the importance of internal controls? “If one of your employees is determined to steal from you, you probably can’t stop them from trying. But, you can stop them from succeeding. And even if they get away with it once, you should be able to catch it early […]

Finance, ZCCM-Investment Holdings PlcJune 21, 2021

ZCCM IH appoints Michael Chibonga as a Director ahead of upcoming AGM
When the ZCCM IH board meets with investors later this month, they will be unveiling a new Director on their board. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of ZCCM Investments Holdings Plc (the “Board”) wishes to announce the appointment of Mr Michael Chibonga as a Director on the […]

Finance, ZCCM-Investment Holdings PlcJune 19, 2021

ZCCM IH on course to keep its dividend promise
When ZCCM IH management team led by Mabvuto Chipata and the Board of Directors of Zambia’s biggest mining investment company meet with shareholders at the end of June 2021, they will be announcing a USD 2.390 million dividend for its shareholders. According to the latest SENS announcement from the investment group issued by Company Secretary […]

Finance, ZCCM-Investment Holdings PlcJune 15, 2021

ZCCM IH Signals 2021 AGM
Premier Investment group, ZCCM IH, has announced that its annual general meeting will be held on 30 June 2021, according to a published statement on SENS. “Notice is hereby given that the Seventeenth Annual General Meeting of members of ZCCM Investments Holdings Plc will be held on Wednesday, 30 June 2021 at 10:00 hours via […]