Investrust Bank PLC Extract from 2022 Annual Report

Investrust generated revenue of ZMW 150.8 million(2021: ZMW170.7 million) and net loss for the year was ZMW2.6 million (2021: ZMW15.1 million in profit). For the twelve-month period ended 31st December 2022, the Bank’s financial performance exhibited signs of improvement despite the inadequate capital. The Bank recorded a decline in bottom line income compared to the prior period. The decline in bank performance was largely attributed to the Bank’s inadequate capital which had a negative ripple effect on its ability to make advances and loans, attract deposits and invest in new IT infrastructure.  

ZCCM-IH, alongside other key stakeholders in Investrust, continued to strategize on the best possible option to recapitalise the Bank in order to make it competitive and enable it to play its rightful role in the Zambian financial sector.  

The Bank’s share price on the Lusaka Securities Exchange closed the period under review at ZMW25 (2021: ZMW15).  

There were no dividends declared during the period under review (December 2021: Nil).

NOTICE OF BEST EVALUATED BIDDER – PROVISION OF CLEANING SANITATION AND SOLID WASTE

The Procurement Committee has authorized the award of the contract for the procurement requirement to the “best-evaluated bidder” as detailed below.

It is the intention of the Procuring Entity to place a contract with the named bidder after ten (10) working days from the date of display given below.

Procurement Reference Number ZCCM-IH/093/2022
Procurement Description Procurement of Cleaning, Sanitation and Solid Waste Disposal Services To ZCCM-IH
Method of Procurement Open National Bidding (ONB)
Lot Awarded Lot No. I – Provision of Cleaning and Sanitation Services to Investments House Kitwe, Technical Library Kalulushi, and MAWE Complex Kalulushi. Lot No. 2 – Provision of Cleaning and Sanitation Services at ZCCM-IH Office Park, Stand No. 16806, Alick Nkhata Road, Lusaka.
Name of the Best Evaluated Bidder Pyanga Limited Accura Logistics Limited
Address of the Best Evaluated Bidder Pyanga Limited, 597 Mean Wood Ndeke, Off Airport Road, Lusaka, Zambia Accura Logistics Limited, 2B Chilekwa Mwaba Road, Longacres Lusaka
Proposed Contract Price ZMW438,175.91 Inclusive ToT. ZMW133,632.00 VAT Incl.
Lot Awarded Lot No. 3 – Provision of Cleaning and Sanitation Services at Kabwe Offices and Laboratory in Kabwe. Lot No. 4 – Provision of Solid Waste Disposal Services at Investments House Kitwe, Technical Services, MAWE Complex Kalulushi, Mining Industry Archives Ndola, Kabwe ZCCM-IH Offices.
Name of the Best Evaluated Bidder Rumphi Enterprises Limited Pyanga Limited
Address of the Best Evaluated Bidder Rumphi Enterprises Limited, 3rd Floor, Tazara House, Dedan Kimathi Road, Lusaka, Zambia Pyanga Limited, 597 Mean Wood Ndeke, Off Airport Road, Lusaka, Zambia
Proposed Contract Price ZMW 81,600.00 VAT Incl. ZMW 79,344.00, Inclusive ToT
Date notification issued Thursday, 27th October 2022
Date of end of notification Wednesday, 9th November 2022

Kindly note that this Notice does not constitute an award of contract to the bidder mentioned above. Bid acceptance and contract placement shall be in accordance with Part X of the Public Procurement Regulations.

Bidders have the right to appeal against the proposed award in accordance with Section 70 of the Public Procurement Act and Section 170 to 172 of the Regulations, provided the appeal is made within ten (10) days of the date of this notice

Read the full document here: NOTICE_OF_BEST_EVALUATED_BIDDER – PROVISION OF CLEANING SANITATION AND SOLID WASTE – Final – daily – KDK

NOTICE OF BEST EVALUATED BIDDER

The Procurement Committee has authorized the award of the contract for the procurement requirement to the “best-evaluated bidder” as detailed below.

It is the intention of the Procuring Entity to place a contract with the named bidder after ten (10) working days from the date of display given below.

Procurement Reference Number ZCCM-IH/077/2022
Procurement Description Supply Delivery of Miscellaneous ICT Requirements to ZCCM-IH
Method of Procurement Open National Bidding (ONB)
Lot Awarded Lot No. I – Supply Delivery Installation of HPE ProLiant Gen 10 Plus Servers – 24SFF. Lot No. 2 – Category I – Supply Delivery of 16GB RAM & 500GB HDD Laptops
Name of the Best Evaluated Bidder Data Mate ICT Limited RA Consulting Services Limited,
Address of the Best Evaluated Bidder Data Mate ICT Limited, Plot No. 2397, Longo Longo Road, Lusaka, Zambia RA Consulting Services Limited, Plot No. 3550 Lagos Road, Rhodes Park, Zambia
Proposed Contract Price ZMW568,400.00 VAT Incl. ZMW1,179,142.32
Lot Awarded Lot No. 2 – Category II- Supply Delivery of 24GB RAM & 1TB HDD of SSD Laptops Lot No. 3- Category I – Supply Delivery of Printers Kyocera 5521 3-in- one
Name of the Best Evaluated Bidder Miba Zambia Limited Digital Office Solutions
Address of the Best Evaluated Bidder Miba Zambia Limited; Suite N, Room 4, Permanent House Cairo Road, Lusaka, Zambia Digital Office Solutions; Plot 42, Mpulungu Road, Lusaka
Proposed Contract Price ZMW 185,750.00 VAT Incl. ZMW 143,097.60 VAT Incl.
Lot Awarded Lot 3- Category II – Supply Delivery of Printers Kyocera M41321 DN 3-in- one. Lot No. 4- Category I – Supply Delivery of Monitoring Screen
Name of the Best Evaluated Bidder Digital Office Solutions Digital Office Solutions
Address of the Best Evaluated Bidder Digital Office Solutions; Plot 42, Mpulungu Road, Lusaka Digital Office Solutions; Plot 42, Mpulungu Road, Lusaka
Proposed Contract Price ZMW 94,484.82, VAT Incl. ZMW 112,992.12 VAT Incl.
Lot Awarded Lot No. 4- Category II – Supply Delivery of Standalone Smart TV Lot No. 5- Category I – Supply Delivery of CISCO Data Routers
Name of the Best Evaluated Bidder Digital Office Solutions Digital Office Solutions
Address of the Best Evaluated Bidder Digital Office Solutions; Plot 42, Mpulungu Road, Lusaka Digital Office Solutions; Plot 42, Mpulungu Road, Lusaka
Proposed Contract Price ZMW 40,451.98 VAT Incl. ZMW 79,471.60 VAT Incl.
Lot Awarded Lot No. 5- Category II – Supply Delivery of CISCO Voice Routers
Name of Best Evaluated Bidder: Miba Zambia Limited
Address of the Best Evaluated Bidder: Miba Zambia Limited, Suite N, Room 4, Permanent House Cairo Road, Lusaka, Zambia
Proposed Contract Price: ZMW 49,000.00 VAT Incl.
Date notification issued Thursday, 27th October 2022
Date of end of notification Wednesday, 9th November 2022

Kindly note that this Notice does not constitute an award of contract to the bidder mentioned above. Bid acceptance and contract placement shall be in accordance with Part X of the Public Procurement Regulations.

Bidders have the right to appeal against the proposed award in accordance with Section 70 of the Public Procurement Act and Section 170 to 172 of the Regulations, provided the appeal is made within ten (10) days of the date of this notice

Read the full document here: NOTICE_OF_BEST_EVALUATED_BIDDER – various ICT_FINAL KDK – Daily

NOTICE OF BEST EVALUATED BIDDER – VIDEO CONFERENCING SYSTEMS

The Procurement Committee has authorized the award of the contract for the procurement requirement to the “best-evaluated bidder” as detailed below.

It is the intention of the Procuring Entity to place a contract with the named bidder after ten (10) working days from the date of display given below.

Procurement Reference Number ZCCM-IH/172/2022
Procurement Description Supply, Installation, Configuration, and Upgrading of Video Conferencing System at ZCCM-IH.  
Method of Procurement Open National Bidding (ONB)
Lot Awarded Lot No. I – Supply, installation, and configuration of Video Conferencing Systems to ZCCM-IH Lot No. 2 – Upgrading of existing Video Conferencing Systems at ZCCM-IH
Name of the Best Evaluated Bidder Accent Networks Limited Accent Networks Limited
Address of the Best Evaluated Bidder Accent Networks Limited, Plot No. 3 Suite 2, Musonda Ngosa Road, Villa Elizabetha, Lusaka, Zambia Accent Networks Limited, Plot No. 3 Suite 2, Musonda Ngosa Road, Villa Elizabetha, Lusaka, Zambia
Proposed Contract Price ZMW914,080.00 VAT Incl. ZMW687,507.57 VAT Incl.
Date notification issued Thursday, 27th October 2022
Date of end of notification Wednesday, 9th November 2022

Kindly note that this Notice does not constitute an award of contract to the bidder mentioned above. Bid acceptance and contract placement shall be in accordance with Part X of the Public Procurement Regulations.

Bidders have the right to appeal against the proposed award in accordance with Section 70 of the Public Procurement Act and Section 170 to 172 of the Regulations, provided the appeal is made within ten (10) days of the date of this notice

Read the full document here: NOTICE_OF_BEST_EVALUATED_BIDDER – VIDEO CONFERENCING SYSTEMS – Final – KDK – Daily

NOTICE OF BEST EVALUATED BIDDER

The Procurement Committee has authorized the award of the contract for the procurement requirement to the “best-evaluated bidder” as detailed below.

It is the intention of the Procuring Entity to place a contract with the named bidder after ten (10) working days from the date of display given below.

Procurement Reference Number ZCCM-IH/075/2022
Procurement Description Printing of AGM Packs Comprising of Annual Reports, and Booklets Containing Notices and agenda.
Method of Procurement Open National Bidding (ONB)
Lot Awarded Lot No. I – Printing of 5,600 Copies of 2022 Annual Reports and subsequent 2023 Annual Reports Lot No. 2 – Printing of 5,600 Copies of 2022 AGM Packs Containing Notices, Agenda, Minutes, Attendance list and form of proxy – 30 pages self – cover on gloss 150 grams and subsequent 2023 AGM Packs.
Name of the Best Evaluated Bidder Retro International Zambia New Horizon Printing Press
Address of the Best Evaluated Bidder Retro International Zambia, Plot No. 6282, Mapepe Road, P.O. Box 32167 Lusaka, Zambia New Horizon Printing Press, Plot No. LUS/9815/H – Kafue Road, P.O Box 38871, Lusaka, Zambia
Proposed Contract Price ZMW276,080.00 VAT Incl. ZMW97,440.00 VAT Incl.
Date notification issued Thursday, 27th October 2022
Date of end of notification Wednesday, 9th November 2022

Kindly note that this Notice does not constitute an award of contract to the bidder mentioned above. Bid acceptance and contract placement shall be in accordance with Part X of the Public Procurement Regulations.

Bidders have the right to appeal against the proposed award in accordance with Section 70 of the Public Procurement Act and Section 170 to 172 of the Regulations, provided the appeal is made within ten (10) days of the date of this notice

Read the full document here: NOTICE_OF_BEST_EVALUATED_BIDDER – PRINTING OF ANNUA REPORTS – Final – KDK – Daily

Job Advertisement: Internal Auditor Kariba Minerals Limited.

Kariba Minerals Limited is a wholly owned subsidiary of ZCCM Investments Holdings Plc, mining high-quality Amethyst. The company’s market share is estimated at over 90% of the Amethyst originating from Zambia, and they are arguably the largest single Amethyst producer in the world. Presently, the company exports its products mainly to international markets. Worldwide, it is one of the oldest mines for semi-precious stones and one of the largest sources of quality amethysts. Kariba mine is based in Mapatizya which is approximately 110km from Kalomo in the Southern Province.

The Company invites applications from suitably qualified and experienced persons who are innovative, energetic and performance driven to fill the position of Internal Auditor.


Applications together with copies of certificates and detailed curriculum vitae should be addressed to:

Chief Human Resource & Administration Officer
ZCCM Investments Holdings Plc
P. O Box 30048,
Stand No. 16806, Alick Nkhata Road,
Mass Media Complex Area
Lusaka, Zambia

and forwarded to jobs@zccmnew.wpenginepowered.com

The Application should reach the undersigned not later than Friday 28th October 2022.

*Women are strongly encouraged to apply.

Please refer to the job description below for detailed information about the position.

VP hails Maamba Collieries for taking “huge corporate social responsibility

VICE-PRESIDENT M u t a l e N a l u m a n g o says contrary to certain perceptions, an investor is not any enemy of the people, arguing that there is need to tell the story that investors mean well. And Sinazongwe UPND member of parliament Gift Sialubalo has commended Maamba Collieries Limited (MLCs) for being “the most committed to corporate social responsibility firm in Zambia”. Speaking when she toured MLC, Monday Vice-President Nalumango described the firm’s CRS undertaking as huge. “The corporate social responsibility is huge here. I think every Zambian village or town is looking for a private investor to go to them if everybody behaves in the manner that like Maamba Collieries is behaving, it is huge. We care as government about the displacement because people come, they set up and after they have set up their company, the people are displaced, and they go right back probably in the worst situation like that house you showed me my sister. But look at what you have done, you have respected people in a better housing facility. Is that not what we are looking for to change the livelihoods of our people? And that starts with the housing, we commend,” she said “Colleagues, look at the roads, that is what we expect, and would anybody complain? Because I know our people, when they hear investor, [they think it] is an enemy of the people. But what we need is to tell this story that an investor is not an enemy of the people, an investor means well because what is happening here, and I am so happy because the MP is here, they are the ones who give us all sorts of sleepless nights about everything and everyone but the MP, member of parliament here honorable Sialubalo has confirmed that you have been working.” She said government was grateful that MLC was not just complying with the law but fulfilling people’s expectations. “Now that I am here, I am so grateful, you are truly working to comply with not just the law of our country but also expectations of our people. Like my colleagues that have already commended, and I would invite you to diversify into other areas,” Vice-President Nalumango said.

She encouraged the company to ensure environmental protection in its operations. “And another thing that I should talk about is smart mining that you are doing, being able to even fill up the holes that were left earlier and for that, I commend you. We encourage you to go on and care for your people like your own, you have only one earth on the issue of environmental sustainability. You only have one earth and Zambia sits on this earth so anything you do that makes us avoid climate change is important,” said VicePresident Nalumango.

And Sialubalo also commended MLCs’ commitment to CSR. “Madam, when I visit your office talking about Maamba Collieries, don’t term me praise singer of Maamba Collieries. Maamba Collieries has been a major partner in the development of Sinazongwe. Apart from what you have seen, they constructed a shelter at the same hospital where we are heading to [and] right now, what they are doing is they are patching up Batoka-Maamba road which is in a bad state. I just wrote a letter to them to say as we wait for government to come in, what can we do together [and] within a week, they were on site. They are doing a commendable job, there is no investor, Madam, that I have seen in Zambia who is more committed to CSR rather Maamba Collieries, they deserve our support as government,” said Sialubalo.

Meanwhile, MLC senior electrical engineer Robby Mwelwa said the firm injected over 250 megawatts into the national grid per day and contributed about K2 billion to the national treasury as
at September 30. “We inject 267.6 megawatts into the national grid, so we generate 300, the rest we use it for auxiliary consumption and what remains is what we inject in the national grid. So our
operations here, your honour, are actually in tandem, we collaborate with ZESCO our shut down, whatever we need to do, we are in contact with ZESCO and ZESCO will always advise on what we need to do. This is our thermal power plant performance your honour, as of 30th September 2022, we have been able to inject 9,663 megawatt hours into the national grid,” he said.

We have now been able to inject about K2.166 billion in the national treasury as of 30th September, we are working in tandem with the 8th National Development Plan, and we contribute 10% to the national installed capacity. So, as you can see your honour from the pie chart here, most of the power generated in Zambia is hydro sitting at 81% and for us Maamba we are able to contribute
10% using this coal which was regarded as waste.”

Mwelwa reaffirmed the company’s commitment to CSR. “You honour, here, our philosophy is that as the company grows, we need to grow the community where we are operating in. Our motto is
making a difference. As MCL, we believe in making a difference in our operational areas so for us to be able to achieve or deliver, we have areas which we consider. So for our CSR activities, they are centred on education, health and sports, environmental as well as infrastructure development,” said Mwelwa.

Euronext Sanctioning of ZCCM-IH

ZCCM-IH would like to clarify to the members of the public that the sanctioning of the Company as a result of the non-publication of the 2021 financial statements by or before 30 June 2022 is neither a suspension nor a delisting. Euronext (Paris) has transferred ZCCM-IH’s listed shares to the Penalty bench/non-compliant issuers for breach of the requirements related to publication of financial statements.

Regarding the delay in the finalisation of the audited 2021 financial statements, this is as a result of the delay in the completion of the fair valuation of assets and liabilities related to the acquisitions of 90% shares of Mopani as of 31 March 2021. The fair valuation is a requirement as per International Financial Reporting Standards (IFRS) for incorporation in the 2021 financial statements.

For more details on the financial statement publication: please refer to the market announcement from this link: https://bit.ly/3VkQfNV.

Source: Euronext Sanctioning of ZCCM-IH

Job Advertisement: Kabundi Resources Limited.

Kabundi Resources Limited (KRL), is a wholly owned subsidiary of ZCCM Investments Holdings Plc, managing the manganese licence that ZCCM holds in Serenje District, Central Province of Zambia.

The Company invites applications from suitably qualified and experienced persons who are innovative, energetic and performance driven to fill the position of HUMAN RESOURCE OFFICER.


Applications together with copies of certificates and detailed curriculum vitae should be addressed to:

Chief Human Resource & Administration Officer
ZCCM Investments Holdings Plc
and forwarded to jobs@zccmnew.wpenginepowered.com

The Application should reach the undersigned not later than Friday 21st October 2022.

*Women are strongly encouraged to apply.

Please refer to the job description below for detailed information about the position.