Copperbelt Energy Corporation PlcJune 24, 2022

CECA-FURTHER CAUTIONARY ANNOUNCEMENT UPDATE ON TAKEOVER OF AEDC PLC
Shareholders are referred to the cautionary announcement dated 15 December 2021 issued by the CEC Africa Investments Limited (“CECA” or the “Company”) informing the market of the developments in Nigeria in relation to Abuja Electricity Distribution Plc (“AEDC”). Shareholders are aware that in December 2021 the Bureau of Public Enterprise (“BPE”) who holds shares in […]

Copperbelt Energy Corporation PlcJune 22, 2022

MARKET ANNOUNCEMENT CEC AND ZESCO SIGN NEW BSA
In accordance with section 3.4(a) of the Lusaka Securities Exchange Listings Requirements (“LuSE Listings Requirements”), the Board of Directors of the Copperbelt Energy Corporation PLC (“CEC”) or (“the Company”) wishes to inform the shareholders of the Company, and the market, that the Company and ZESCO Limited (“ZESCO”) have signed a new bulk supply agreement (BSA). […]

Copperbelt Energy Corporation PlcJune 13, 2022

CECA – CHANGE IN DIRECTORATE, COMPANY SECRETARY AND REGISTERED OFFICE
“The Board of Directors of CEC Africa Investments Limited (the “Board”) wishes to inform the Company’s shareholders and the public that Mr. Peter Siaw Chock Chiong has resigned from being the director of the Board with effect from 31st May 2022 and has been replaced by Mrs. Brinda Murugan,” announced the Head of Corporate Affairs, […]

Copperbelt Energy Corporation Plc, EnergyJune 13, 2022

CECA – FURTHER CAUTIONARY ANNOUNCEMENT UPDATE ON TAKEOVER OF AEDC PLC
Shareholders are referred to the cautionary announcement dated 15 December 2021 issued by the CEC Africa Investments Limited (“CECA” or the “Company”) informing the market of the developments in Nigeria in relation to Abuja Electricity Distribution Plc (“AEDC”). Shareholders are aware that in December 2021 the Bureau of Public Enterprise (“BPE”) who holds shares in […]

Energy, MiningApril 7, 2022

PRESS RELEASE: ZESCO AND CEC INITIAL A NEW BULK SUPPLY AGREEMENT (BSA) TO UNDERPIN POWER SUPPLY & SERVICE PROVISION BETWEEN THEM
ZESCO Limited (ZESCO) and Copperbelt Energy Corporation Plc (CEC) have successfully completed negotiations for a new BSA that will be effective 1st April 2022. The new BSA underpins arrangements for power supply and provision of transmission services between the two companies. The new BSA will replace the old BSA that expired on 31 March 2020 […]

Copperbelt Energy Corporation PlcFebruary 8, 2022

CEC Africa Issues Cautionary Notice on Developments in Nigeria
CEC Africa Investments Limited (“CECA” or “the Company”) is a public company in terms of the Securities Act No 41 of 2016 (“the Act”) and its shares are registered and regulated by the Securities and Exchange Commission of Zambia (“SEC” or the “Commission”). CECA shares are traded on the second tier market (referred to as […]

Copperbelt Energy Corporation Plc, EnergyOctober 13, 2021

CEC Africa Records Net Loss of K576 million at Half Year 2021
Despite the recorded net loss of ZMW 576 million (Kwacha Five Hundred Seventy-six Million) for the half year 2021, CECA performance continued to make steady improvement regarding various issues that have affected its performance in previous years, including: Non-Cost Reflective Tariffs: In 2019, the Nigerian Electricity Commission issued a minor tariff review which enabled Abuja […]