Search Results for "ZCCM IH"

MiningMay 10, 2022

ZCCM IH Board Chair Identifies Three Post Covid Challenges Currently Facing the Mining Sector in the Region
The Board Chair of Zambia’s mining investment house, ZCCM IH, has identified three main challenges that Africa is grappling following the advent of COVID that have hindered the development of mining, according to an interview with SABC. The first challenge has been the overarching mining framework. “So the mining and fiscal policies have been inconsistent […]

ZCCM-Investment Holdings PlcApril 2, 2022

Tisa Chama is Administrative Steward at ZCCM IH
Mining investment house ZCCM IH has named Tisa Reuben Chama as its choice temporary steward following the mutual separation of Chief Executive Officer Mabvuto Chipata, according to a statement from the Board. According to the ZCCM IH website, Tisa is a Mining Engineer with over 25 years of working experience in the mining industry, having […]

ZCCM-Investment Holdings PlcFebruary 28, 2022

‘COVID and Restructuring Impacted Group Financial Statement Reporting’, ZCCM IH
The issuance of financial statements by investment house ZCCM IH has been impacted by various challenges that have in part been attributed to COVID 19 and internal group restructuring, according to an issued statement. The following is an extract of the SENS announcement from ZCCM IH issued by Company Secretary Chabby Chabala. “In the past […]

ZCCM-Investment Holdings PlcFebruary 1, 2022

ZCCM IH Issues Statement on Status of Appeal in KCM Matter
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the announcement dated 23 May 2019 concerning 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 as provisional […]

ZCCM-Investment Holdings PlcJanuary 25, 2022

ZCCM IH Secures US$ 10 million Working Capital for Konkola Copper Mines
Investment house, ZCCM IH, has announced that it has secured a US$ 10 million facility that will assisting Konkola Copper Mines from local bank, ZANACO Bank Plc, according to a statement issued to shareholders. “The Board wishes to inform the shareholders and the market that ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”), has agreed […]

Mining, Zambeef Products Plc, ZCCM-Investment Holdings PlcJanuary 3, 2022

Dolika Ascends to the ZCCM IH Board Chairpersonship
Towards the end of Q4 2021, Zambia’s investment house announced the appointment of seasoned Banker and Investment Professional Dolika Banda as its new Board Chairperson, according to statement from ZCCM IH. In a statement issued by the Head of Corporate Affairs Loisa Mbatha on 15th December 2021, ZCCM-IH’s new Board Chair is an investment and […]

ZCCM-Investment Holdings PlcDecember 20, 2021

ZCCM IH Directorate Changes – SENS Announcement
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 retirement of Mr Michael Chibonga as a Director with effect from 13 December 2021. The Board also wishes to announce the appointment of the following as Directors effective 14 December 2021. […]

ZCCM-Investment Holdings PlcNovember 24, 2021

ZCCM IH and  Kansanshi Mining Plc Arbitration by Kansanshi Holdings Limited Still On Going
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 […]

ZCCM-Investment Holdings PlcOctober 18, 2021

Eric Silwamba exits the ZCCM IH Boardroom
ZCCM IH has officially advised shareholders and investors that the Board Chairperson’s appointment has been terminated, according to a statement from the investment house. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of ZCCM Investments Holdings Plc (the “Board”) announce the termination of appointment of Mr Eric S Silwamba, SC […]

ZCCM-Investment Holdings PlcOctober 7, 2021

ZCCM IH KEY FINANCIAL PERFORMANCE HIGHLIGHTS – HALF YEAR 2021
The Group recorded a turnover of ZMW8.3 billion for this period compared to ZMW62 million reported during the six-month period to 30th June 2020. The significant increase is largely on account of acquisition of Mopani Copper Mines Plc (Mopani) during the period. The revenue from Mopani accounts for 97% of the total revenue for the […]