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 […]

Finance, ZCCM-Investment Holdings PlcJune 13, 2021

ZCCM IH forecasts 32% and 242% low and high for Group and Company earnings for 2019
ZCCM IH has released the following SENS announcement regarding its financial results for 2019.  “In accordance with Section 3.4(b) Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of ZCCM-Investments Holdings Plc (the “Company” or “ZCCM-IH”) hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the Group and C

Finance, ZCCM-Investment Holdings PlcApril 15, 2021

Continued Stakeholder Engagement Key to the Success of Mopani Copper Mines Plc
15th April 2021, Lusaka, Zambia – ZCCM Investments Holdings Plc (ZCCM-IH) has continued to engage various stakeholders past the close of the Transaction on 31st March 2021 to acquire the 90% shares in Mopani Copper Mines Plc (Mopani) previously held by Carlisa on behalf of Glencore and First Quantum Minerals. One of the key stakeholders […]

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

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