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Corporate Social Investment, ZCCM-IH

ZCCM-IH Launches Tree Planting Initiative

ZCCM Investments Holdings Plc (ZCCM-IH) in collaboration with Tree Zambia Limited has launched its tree planting initiative. The initiative was launched on 14th March 2025 at the Levy Mwanawasa Medical University. The tree planting initiative is aimed at mitigating the adverse effects of climate change that has impacted countries across the world, including Zambia. 

Speaking during the launch, ZCCM-IH Chief Executive Officer, Dr Ndoba J Vibetti said as a company with investments in mining and energy sectors, ZCCM-IH recognises its responsibility to contribute to the well-being of communities and the preservation of the environment. By the end of the project, ZCCM-IH will plant over 4000 ornamental and fruit trees at three health institutions in Lusaka and the Copperbelt Province. The trees will be planted at public health institutions to improve air quality, reduce urban heat, and support biodiversity. The fruit trees will offer nutritional benefits, contributing to food security and improved health outcomes.  

Director of Forestry at the Ministry of Green Economy and Environment Mr Sitwala Wamunyima commended ZCCM-IH for Utilizing its resources to drive environmental sustainability. In a speech read on his behalf by Chief Forestry Officer, Dr Freddie Siangulube, Mr Wamunyima said the tree planting project will help in the restoration of trees the country is losing at a rate of 172,00 hectares per annum due to deforestation.  

At the same event, Levy Mwanawasa Medical University’s Vice Chancellor Prof. Elwyn Chomba expressed her gratitude to ZCCM-IH and government for the initiative as it reflects commitment to a green future that the University upholds. 

The tree planting initiative is a testament to ZCCM-IH’s commitment to Zambia’s green economy agenda and our shared vision for a sustainable future.

Corporate Social Investment, ZCCM-IH

ZCCM-IH Donates to Chongwe District Hospital Maternity Ward

ZCCM Investments Holdings Plc (ZCCM-IH) has donated maternity and neonatal medical equipment and hygiene kits worth K100,000 to Chongwe District Hospital. The donation to the Hospital’s maternity ward took place on March 7th, 2025, in commemoration of International Women’s Day which falls on March 8th, 2025. 

Speaking during the handover ceremony, ZCCM-IH Chief Financial Officer, Mrs. Chilandu Sakala, said the company recognises the role that healthcare plays in the well-being of communities, and is committed to supporting initiatives that enhance quality maternal health.  

Chongwe District Health Director, Dr. Mweene Nseluke, expressed gratitude for the timely donation, noting that the donation will have a lasting impact on the community. 

Speaking at the same event, Chongwe District Hospital Medical Officer InCharge, Dr Christabel Mbiiza said the donation is a transformation of the maternity ward and will enable the hospital to offer better care and ensure safer and a more comfortable environment for both mothers and babies. 

All Posts, Corporate Announcements

ZCCM-IH WITHDRAWAL OF EGM NOTICE- SENS

Further to the Notice and Agenda of the Extraordinary General Meeting (“EGM Notice”) published on the Stock Exchange Network News (“SENS”) on 20th February 2025 and in the press, the Board of ZCCM Investment Holdings Plc (“ZCCM-IH” or “the Company”) wishes to advise the shareholders and the general public that the Company will be unable to hold the EGM on 13th March 2025 as indicated in the EGM Notice due to the following reasons:

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Corporate Announcements

MARKET ANNOUNCEMENT CHANGE IN DIRECTORATE

In compliance with Section 3.59 of the Lusaka Securities Exchange Listing Rules (“LuSE Rules”), ZCCM-IH wishes to inform shareholders that the tenure of appointment as Director of Mr. Bishop John Mambo as Non-Executive Director on the ZCCM-IH Board came to an end effective 12th December 2024.

Mr Bishop John Mambo was appointed on 13 December 2021. During his tenure, he served as Non-Executive Director of the Board and was a member of the Remuneration and Investments Committee.
The ZCCM-IH Board wishes to thank Mr. Bishop John Mambo for his contribution to the Company and wishes him well in his future endeavours.

By Order of the Board
Charles Mjumphi
Company Secretary

All Posts, ZCCM-IH, ZCCM-IH News

ZCCM-IH Participates In The 2nd Tranche Of The Flagship CEC Renewables

06th December 2024, Lusaka Zambia: ZCCM Investments Holdings PLC (ZCCM-IH) is pleased to announce its participation in the second tranche of the CEC Renewable Limited Green Bond with a USD10 million (approximately ZMW275 million) subscription.

The second tranche of the bond is aimed at raising USD96.7 million that will go towards funding the 136MW Itimpi-2 project, an expansion of 60MW Itimpi-1 solar PV plant.

ZCCM-IH Chief Executive Officer, Dr Ndoba Vibetti, highlighted the strategic importance of this subscription:
“Our mission is to create tangible wealth sustainably for the benefit of the Zambian people and all our stakeholders. This bond, which finances the development of solar projects, aligns with this mission and our strategic focus in growing our footprint in energy, particularly during the ongoing energy crisis, while also lowering ZCCM-IH’s overall carbon footprint.”

ZCCM-IH’s participation in the second tranche of the green bond aims at diversifying the composition of the company’s investment portfolio and enhancing its returns. This is aligned with the company’s 2023 2026 strategic plan that focuses on investments primarily in the mining and energy sectors.

This participation is further a testament of the company’s commitment to the development of local capital markets.

In December 2023, CEC Plc announced the Securities and Exchange Commission (SEC) registration of its USD200 million green bond under a 15-year Medium Term Note (MTN) Programme, a flagship transaction in Zambia aimed at financing CEC’s ambitions to invest in renewable energy projects with the capacity to generate at least 200MW of energy with a particular focus on solar energy.

In its first tranche, CEC raised USD54 million, and the proceeds were used to fund the development of Itimpi -1, a 60MW project on the Copperbelt Province commissioned in April 2024.

The green bond is privately placed and listed on the Lusaka Securities Exchange (LuSE) that complies with the ICMA Green Bond Principles, including participation from other local investors.

Investee Companies, Investee Company News, ZCCM-IH, ZCCM-IH News

Kasenseli Gold Mine Re-Opened

His Excellency, President Hakainde Hichilema, officially re-opened Kasenseli gold mine in Mwinilunga, Northwestern province, this afternoon. The reopening of the mine, which had been closed since 2021, is a testament to the Government’s commitment to unlock the nation’s mineral wealth for the benefit of all Zambians. 

During his address, President Hichilema, emphasized the importance of responsible mining practices, job creation, and community development, ensuring that the mine’s operations contribute meaningfully to both local and national economic growth. 

ZCCM-IH Board Chairperson, Mr. Kakenenwa Muyangwa, also spoke at the event and expressed gratitude to His Royal Highness Chief Chibwika and all key stakeholders involved in the Kasenseli Mine for their continuous support in ensuring the successful launch of the mine. Mr. Muyangwa called on all key players to prioritize Kasenseli Mine as a critical project, emphasizing its potential to economically benefit the people of Mwinilunga and the nation at large.

The Mine is being operated by Kamushinshi Mineral Resources Ltd a new joint venture between Zambia Gold Company Ltd and Chibwika Development Trust, this initiative also aligns with Zambia’s vision to maximize the potential of its mining sector while safeguarding the environment and uplifting mining communities.

Corporate Announcements, ZCCM-IH

DIREC TORS’ INTERIM UNAUDITED FINANCIAL RESULTS FOR ZCCM INVESTMENTS HOLDINGS PLC AND ITS SUBSIDIARIES (‘‘THE GROUP’’ ) FOR THE SIX MONTHS PERIOD ENDED 30TH JUNE 2024

INTRODUCTION
In compliance with the requirements of the “Securities Act, No. 41 of 2016 of the Laws of Zambia” and the Listing Rules of the Lusaka Securities Exchange, ZCCM Investments Holdings PLC (“ZCCM-IH”, “ZCCM”, “the Company”, “We” or “Our”) announces the interim unaudited financial results of the Company and its Subsidiaries (colectively referred to as “the Group”) for the six months’ period ended 30th June 2024.

CHIEF EXECUTIVE OFFICER’S COMMENTARY
I am pleased to share ZCCM-IH’s financial results for the first half of 2024, which highlight several key strategic developments. A major highlight is our new partnership with Delta Mining Limited, focusing on Mopani Copper Mines Plc. Additionally, Konkola Copper Mines Plc (KCM) has successfully completed all necessary formalities, leading to Vedanta’s release of USD250 million. This marks the final step in the implementation agreement, resulting in KCM’s removal from the liquidation process. Following this, a new Board has been appointed, and Vedanta has officially taken over the operations of KCM.

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Corporate Announcements, ZCCM-IH

Trading Statement – Financial Results (Half Year Ended 30 June 2024)

In accordance with Section 3.4(b) of the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of ZCCM Investments Holdings (“ZCCM-IH” or “the Company”) and its subsidiaries (collectively, “the Group”) wishes to inform shareholders that the Earnings per Share (EPS) for the half year ended 30 June 2024 is expected to exceed that of the half year ended 30 June 2023 by 2396%.
Based on the financial results the Group’s Earnings Per Share (EPS) stood at ZMW344.05, compared to negative ZMW 14.98 Earnings Per Share in the same period of 2023. This improvement is largely driven by a one-time gain of ZMW 42.3 billion (US$1.66 billion) following the successful Strategic Equity Partnership (SEP) with International Resources Holding RSC Ltd (“IRH”). Through its subsidiary, Delta Mining Limited, IRH invested USD1.1 billion for a 51% ownership in Mopani Copper Mines Plc. Furthermore, the settlement of USD 1.7 billion in Glencore/Carlisa loans under the Amendment, Restatement, and Consolidation Agreement (ARCA) boosted the valuation of the Mopani asset, contributing to the Group’s EPS growth.

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