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Archived Jobs, ZCCM-IH

Job Advertisement: Chief Executive Officer.

ZCCM Investments Holdings PLC is an investment holdings company with diversified interests in mining, energy, and other sectors of the Zambian economy.  The Company’s majority shareholder is the Industrial Development Corporation Ltd (IDC), an investment company wholly owned by the Zambian Government and the rest of the shareholders include institutions and private shareholders spread across the world.

The mission of the Company is “to maximize shareholder value with due regard to the interests of all stakeholders”.  In order to achieve this mission, the Company invites applications from suitably qualified and experienced persons who are innovative, energetic, and performance-driven to fill the following position:

  1. Chief Executive Officer (x1)

The detailed Job Descriptions for the above positions are attached

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EXTERNAL JOB ADVERT - CHIEF EXECUTIVE OFFICER

Applications together with copies of certificates and detailed curriculum vitae should reach the undersigned not later than Friday 15th July 2022.

Physical

The Board Chairperson
ZCCM Investments Holdings Plc
ZCCM IH Office Park, Alick Nkhata Road
P O Box 30040
LUSAKA

Electronic

Alternatively, forward your application to jobs@zccmnew.wpenginepowered.com

 
Annual Report Summaries, Investee Companies

Kariba Minerals Limited (KML) Extract from 2022 Annual Report

For the year ended 31st December 2022, Kariba Minerals Limited (KML) reported total revenues of ZMW23.04 million (2021: ZMW26.12 million) with a net loss of ZMW5.19 million (2021: ZMW7.4 million net profit).  

During the period under review, KML produced a total of 1,503.58 tonnes of amethyst which comprised of 327 tonnes medium and high grade, and 1,175.76 tonnes commercial grade (2021: 1,044.70 tonnes – 306 tonnes medium and high grade, and 837.88 tonnes commercial grade.)  

The retail store at the Kenneth Kaunda International Airport was completed during the year. The Company has prepared a turnaround plan that is envisaged to tackle some of the bottlenecks in mining, production, process and marketing thereby transforming the company from loss making to profit making.  

There were no dividends declared during the financial year under review (2021: Nil).  
ZCCM-IH, ZCCM-IH News

Zambians must benefit more from mining, minister says

Zambia needs to hold a bigger stake in new mines and local communities should benefit more from the mineral values chain, mines minister Paul Kabuswe said on Wednesday.

“This government is saying Zambians must be an integral part of whatever investment. We can no longer sit in the terraces and watch,” Kabuswe said at a conference.

The minister said later in response to questions that the government was planning to increase the state’s shareholding in new mines to ensure that Zambia maximises its benefits from the sector.

“Going forward, I don’t think there will be a mine where Zambia will own less than 20% (of shares). Those days of 10% shareholdings are gone,” Kabuswe said.

Kabuswe said the government needed to have a golden share in new mines, which would give it controlling voting rights.

Zambia’s mining investment arm ZCCM-IH holds less than 50% shares in key mining operations and a 20% stake in Kansanshi mine which is majority owned by Canada’s First Quantum Minerals.

 

Source: https://www.mining.com/web/zambians-must-benefit-more-from-mining-minister-says/
Archived Tenders, ZCCM-IH

TERMS OF REFERENCE: PROVISION OF SPONSORING BROKERAGE SERVICES TO ZCCM INVESTMENT HOLDING

TERMS OF REFERENCE: PROVISION OF SPONSORING BROKERAGE SERVICES TO ZCCM INVESTMENT HOLDING.

1. 1.0 Introduction

ZCCM Investments Holdings Plc (“ZCCM-IH”, the “Company” or the “Issuer”) is an investment holding company with significant interests in Zambia’s mining industry.

The Company has a primary listing on the Lusaka Securities Exchange, and secondary listings on the Paris Euronext Access and London Stock Exchanges under ISIN number ZM0000000037.

Read the full document here: Request for Expression of Interest – Sponsoring Brokers – 2022 – Final
Archived Tenders, ZCCM-IH

TERMS OF REFERENCE: FOR THE PROVISION OF TRANSFER SECRETARY SERVICES

TERMS OF REFERENCE: FOR THE PROVISION OF TRANSFER SECRETARY SERVICES

1.0 INTRODUCTION

ZCCM-IH is an investment holding company with significant investments in Zambia’s mining industry. The shareholding structure is as follows: the Industrial Development Corporation (IDC) holds 60.3%, Government of the Republic of Zambia (GRZ) holds 17.4%, National Pension Scheme Authority (NAPSA) holds 15% and the remaining 7% is held by private investors. The geographical spread of the minority shareholders, who number over 4,000, covers 29 countries in Europe, Africa, the Caribbean, Australia, Asia and the USA.

The company has a primary listing on the Lusaka Securities Exchange, and secondary listings on the Paris Euronext Access and London Stock Exchanges under ISIN number ZM0000000037.

Read the full document here: Request for Expression of Interest – Transfer Secretary Services – 2022 – Final
Archived Tenders, ZCCM-IH

TERMS OF REFERENCE: PROVISION OF PROPERTY MANAGEMENT SERVICES

TERMS OF REFERENCE: PROVISION OF PROPERTY MANAGEMENT SERVICES AT VILLAGE VILLAS IN ROMA PARK, LUSAKA.

1.0 BACKGROUND

ZCCM Investments Holdings Plc (ZCCM-IH) has a property portfolio that consists of both residential and commercial use in Lusaka, Kitwe and Kalulushi. In November 2018, ZCCM-IH purchased a newly constructed residential property called Roma Village Villas which consists of 12 fully furnished double storey houses, a gym, laundry house, twelve private swimming pools (for each house) and a guard house. The property is currently at 92% occupancy.

The main objective of the assignment is to procure the services of a Property Management Firm, on a property management contract for this property for a period of one year.

Read the full document here: Request for Expressions of Interest – property management roma park villas – Final – 2022
Annual Report Summaries, Investee Companies

Mushe Milling Company Limited Extract from 2022 Annual Report

Mushe Milling Limited (MML) earned a total of ZMW 38.93 million in revenue for the year ended 31 December 2022 (2021: ZMW38.15 million). MML recorded a net loss of ZMW16.4 million (2021: ZMW48.14 million loss).  

The Company remained undercapitalised with a negative equity position and current liabilities in excess of ZMW6.5 million. Due to its consistent weak financial position, only minimal debt amounts could be settled by the Company during the period and operations were halted due to MML’s inability to purchase its own maize stock.  

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

Subsequent to year end, was placed under liquidation.  
Press Releases, ZCCM-IH, ZCCM-IH News

PRESS STATEMENT: ROTHSCHILD & CO. ENGAGED TO ASSIST WITH THE STRATEGIC REVIEW OF MOPANI COPPER MINES PLC

15 June 2022, Lusaka, Zambia: ZCCM Investments Holding Plc (“ZCCM-IH” or the “Company”) has engaged a globally renowned investment bank, Rothschild & Co., South Africa (Pty) Ltd (“Rothschild & Co”) to assist with the strategic review of Mopani Copper Mines Plc (“MCM”).

This engagement follows a competitive procurement process in which five other companies, both local and international, participated.

Rothschild & Co has extensive experience and an established reputation as a leading global financial services group, with a history of over 200 years at the centre of the world’s financial markets. 

Rothschild & Co will undertake an assessment of the strategic options available to the business, to ensure the sustainability, growth and profitability of MCM. 

The process is expected to be concluded within a period of six to twelve months, during which time Rothschild & Co’s involvement will not disrupt any business operations at the mine. 

ZCCM-IH is committed to see that MCM delivers to its optimal production levels in order to contribute to the national production target of three million metric tonnes of copper by 2030 and the broader strategy of Government initiatives to revitalise the Zambian mining industry for the benefit all Zambians. Under strong stewardship, the sector will play a catalytic role in promoting industrialisation, employment creation and inclusive growth.

-END-

Issued by:

Loisa Mbatha
Corporate Affairs Manager
ZCCM Investments Holdings Plc
loisa.mbatha@zccmnew.wpenginepowered.com        

Download the Press release Here: ROTHSCHILD press statement
Investee Companies, Investee Company News

ZCCM-IH hires Rothschild & Co for Mopani Copper Mines restructuring

Zambian mining investment firm ZCCM-IH has hired investment bank Rothschild & Co for a strategic review of Mopani Copper Mines “to ensure its sustainability and continued development”, the state-owned company said on Wednesday.

In April, ZCCM-IH said it was seeking a financial adviser to restructure Mopani and help find a new external investor for the mining complex, which Glencore had sold back to the state in January last year.

Copper production at the more than 90-year-old mine and smelter complex has fallen and it has been struggling to pay suppliers on time.

“ZCCM-IH is committed to see that MCM delivers to its optimal production levels in order to contribute to the national production target of 3 million metric tonnes of copper by 2030,” the state firm said in a statement.

Restructuring is expected to be completed in six months, it added, with the option of a six-month extension. Rothschild & Co’s involvement would not disrupt business operations at the mine, the state firm said.

ZCCM-IH said it chose Rothschild & Co after a competitive procurement process in which five other domestic and international companies participated.

 

Source: https://www.mining.com/web/zambias-zccm-ih-hires-rothschild-co-for-mopani-copper-mines-restructuring/
Archived Tenders, ZCCM-IH

NOTICE OF BEST EVALUATED BIDDER

The Procurement Committee has authorised to award 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/038/2022
Procurement Description Supply and Delivery 2,000 Ltrs Fuel Bowser (Diesel), 20,000 Ltrs Water Bowser
Method of Procurement Open National Bidding
Name of Best Evaluated Bidder: Lot 1. Saro Agro Industries Limited

Lot 2. Alidon Supplies Limited.
Address of the Best Evaluated Bidder:  Lot 1. Saro Agro Industries Limited, Plot No. 5284, Buyantanshi, Road Heavy Industrial Area, P.O. Box 35168, Lusaka, Zambia.

Lot 2. Alidon Supplies Limited, Plot No. 3515/18 Matandani Close, Lusaka Zambia.
Proposed Contract Prices Lot 1- ZMW135,346.63 VAT Inclusive, with a Delivery Period of; within 80 Days from Contract Date

Lot 2- ZMW1,918,703.30 VAT Inclusive, with a Delivery Period of; within 80 Days from Contract Date
Date Notification Issued 14Th June 2022
Date for End of Notification Period: 28th June 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 – Supply and Delivery 2,000 Ltrs Fuel Bowser (Diesel), 20,000 Ltrs Water Bowser