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 PlcApril 5, 2021

RESULTS OF RESOLUTIONS PASSED AT THE EXTRAORDINARY GENERAL MEETING OF ZCCM INVESTMENT HOLDINGS PLC, COMPLETION OF TRANSACTION & WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
1.0 Introduction Shareholders are referred to the cautionary announcements released on the Stock Exchange News Service (“SENS”) of the Lusaka Securities Exchange (“LUSE”) on the 9th of March 2021 and the announcements by ZCCM-IH released on SENS on 21st December 2020, 8th January 2021 and 20th January 2021 regarding the acquisition of the 90% stake […]

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 […]

Finance, ZCCM-Investment Holdings PlcMarch 7, 2021

ZCCM-IH Background and History
–The following is an extract from the ZCCM IH 2020-2026 strategic plan ZCCM-IH has a rich heritage in the Zambian mining sector which spans more than 100 years. Mining in the country was recorded to have begun with the discovery of copper at Kansanshi in 1899 and commenced commercial mining in 1908. This was followed […]

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 23, 2021

Update on arbitration proceedings against ZCCM-IH and Kansanshi Mining Plc (“KMP”) by Kansanshi Holdings Limited (“KHL”)
Further to the cautionary announcement dated 25 November 2020, 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”) have progressed. The arbitration tribunal has issued a Partial

Finance, ZCCM-Investment Holdings PlcFebruary 21, 2021

What “IH” achieved in the 2 years of their “rebooted” strategic plan
When a company decides to change its strategic direction, it can only mean one thing: They have seen opportunities that they believe their resources and capabilities can enable them to take advantage off. One can imagine that after two years of pursing a 5 year strategy from 2018, the investment analysts and strategists at ZCCM […]

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 […]