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Chipata’s 2 big Cheques Shine at IDC and NAPSA

Monday the 4 of March 2019 will forever echo in Mabuvto Chipata mind for some time to come. This is the day that he delivered two life size cheques to two key stakeholders in: IDC and NAPSA as acting CEO of ZCCM IH.

In his maiden dividend cheque delivery as the current leader of one of the foremost investment companies in Zambia, Acting CEO Chipata delivered dividend payments that many will not know where actually fruits of his stewardship as Chief Investment Officer. The fruits in this case was the K98.1 million dividend (0.61 per share) that was declared at the last annual general meeting at the end of January 2019.

A technocrat at heart, the crisp delivery of his cheque delivery speech showed a CEO with an investment acumen. “Our main focus moving forward, is that we continue to create shareholder value to sustain the continued delivery on the Return on Investment of our Shareholders”, declared aCEO Chipata at the NAPSA head office in Lusaka when he deliver their slice of the dividend valued at approximately K14 million who own 15% of ZCCM IH.

The aCEO also indicated that his company remained focus for the long term as they continue on a growth and transformational trajectory, with continued focus on the mining sector.


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