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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 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 […]
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 […]
