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Investee Company News, ZCCM-IH News

ZCCM Investments Holdings PLC Acquires additional 50% Shares in Kariba Minerals Limited

On 7th November 2018, ZCCM Investments Holdings Plc (ZCCM-IH) acquired an additional 50% shareholding in Kariba Minerals Limited (KML) which is Zambia’s largest Amethyst mine. This acquisition means that ZCCM-IH now owns 100% shares in KML. The shares were acquired from Gemfields Limited at a total consideration of US$2,500,000. The completion of the transaction is subject to regulatory approvals.

Going forward, ZCCM-IH will implement a robust strategic plan aimed at improving production, processing and marketing activities in order to increase profitability of the mine.

By Order of the Board

Chabby Chabala
COMPANY SECRETARY

Issued in Lusaka, Zambia on Friday, 23rd November 2018

Lusaka Securities Exchange Sponsoring Broker
T | +260-211-232456
E | advisory@sbz.com.zm
W | www.sbz.com.zm
Stockbrokers Zambia Limited (SBZ) is a member of the Lusaka Securities Exchange and is regulated by the Securities and Exchange Commission of Zambia

First Issued on 23 November, 2018

Industry News

KAGEM earns $28.4m from Singapore auction

US$28.4 million in foreign exchange earnings has been raised from an auction of high-quality Zambian emeralds – including the exceptionally rare 5,655 carat (1.13kg) Inkalamu emerald – held in Singapore last week.

The sale of gemstones from the Kagem mine in Lufwanyama was witnessed by Mr Paul Chanda, the Permanent Secretary, Ministry of Mines and Minerals Development along with other officials from the Ministry of Mines and Mineral Development, Zambia Revenue Authority and the Chief Executive Officer of the Industrial Development Corporation Mateyo Kaluba.

“All of the proceeds from the auction will be repatriated back to Zambia,” confirmed Sean Gilbertson, Chief Executive Officer of Kagem and Gemfields, which owns 75% of the mine in partnership with the Zambian government through the Industrial Development Corporation of Zambia, which owns 25%.

The auction saw 40 companies placing bids and generating total revenues of US$28.4 million with an overall average value of US$68.03 per carat. Improved liquidity in the trade customers resulted in 74% of the offered carats being sold, versus 56% in the last auction of higher quality emeralds held in Lusaka in May 2018. Of the number of lots offered, 77% were sold (versus 59% in the May 2018 auction).

Gemfields’ 30 auctions of emeralds and beryl mined at Kagem since July 2009 have generated USD 556 million in total revenues.

Adrian Banks, Gemfields’ Managing Director of Product & Sales, said: “The results of what was our first Singapore emerald auction in more than three years clearly reflect the emerging recovery among our trade customers after a protracted period of difficulty. The marked increases in the percentage of carats and number of lots sold, combined with the uptick in per carat price, bode well for further improvement in 2019.

Proceeds from the auction will be remitted to Zambia for reinvestment in operations, including on-going upgrades to employee facilities, and additional equipment that will also generate associated employment opportunities and repayment of debt.”

“Kagem and Gemfields believe coloured gemstones should be mined and marketed by championing three key values – legitimacy, transparency and integrity. We also believe that Zambia should benefit equitably from its natural resources through the taxes we contribute to the government, the foreign exchange earnings we generate, increased local employment, and the social impact of our community projects,” said Mr Gilbertson.

The main focus of attention was the Inkalamu – Lion – emerald, a rare 5,655 carat emerald that shows remarkable clarity and a perfectly balanced golden green colour, which attracted international media attention on discovery last month. The exceptional piece was purchased at the auction by Rajkumar and Rishabh Tongya of Dia-Color, specialists in high-value gems.

The gemstone was discovered in the eastern part of Kagem’s open-pit mine on October 2, 2018 by geologist Debapriya Rakshit and veteran emerald miner Richard Kapeta, who has more than a decade of experience mining Zambian emeralds for the Gemfields group.

Inkalamu – the Lion emerald – was named in honour of the work carried out by two of Gemfields’ conservation partners, the Zambian Carnivore Programme (www.zambiancarnivores.org) and the Niassa Carnivore Project in Mozambique (www.niassalion.org). Gemfields has three-year philanthropic sponsorships with each organisation to aid them in wildlife conservation, promote community development and stem the problem of poaching by developing alternative livelihoods. In addition, Gemfields will divide 10% of Inkalamu’s auction proceeds equally between the two carnivore initiatives.

Source: Mwebantu
Archived Tenders

Invitation for Bids: Provision of Miscellaneous Insurance Cover to ZCCM-IH

ONB No.: ZCCM-IH/075/2018

  1. ZCCM Investments Holdings Plc. has received financing from own sources toward the Operating Expenditure for the 2018/2019 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Provision of Miscellaneous Insurance Cover to ZCCM-IH, Contract No.: ZCCM-IH/075/2018.
  2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Provision of Miscellaneous Insurance Cover to ZCCM-IH in the following lots:
    Lot 1 – Provision of Group Life Assurance (GLA) Cover for ZCCM-IH Employees – Duration: 3 years;
    Lot 2 – Provision of Group Personal Accident (GPA) Cover for ZCCM-IH Employees and Board Directors – Duration: 3 years;
    Lot 3 – Provision of Non-Life Insurance Cover to ZCCM-IH – Duration: 3 years; and
    Lot 4 – Provision of Travel Insurance Non-Life Insurance Cover to ZCCM-IH Employees and Board Directors – Duration: 3 years.
  3. Bidding will be conducted through the Open National Bidding (ONB) procedures specified in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2011 and is open to all bidders from Eligible Source Countries as defined in the Bidding Documents. The following CEEC preferential treatment shall be applied as part of the evaluation:
    3.1 Citizen-influenced company – 4%
    3.2 Citizen-empowered company – 8%
    3.3 Citizen-owned company – 12%
  4. Interested eligible bidders may obtain further information from the address below and inspect the Bidding Documents at this address from 08:00 – 13:00 and 14:00 – 17:00 local time, Monday to Friday inclusive.
  5. Qualifications requirements include:
    1. Experience as a prime Service Provider of at least two (02) contracts of a similar nature and scope in the last three (03) years;
    2. Minimum of three (03) years’ experience in the provision of insurance services;
    3. Demonstrate capacity to pay out up to ZMW 2,000,000.00 in GLA claims in the last three (03) years;
    4. Demonstrated ability to settle claims within a period of 10 working days;
    5. Average Annual Turnover for the past three (03) years per lot as follows:
      Lot 1 – ZMW 1,926,470.00;
      Lot 2 – ZMW 31,973.33;
      Lot 3 – ZMW 1,437,940.00; and
      Lot 4 – ZMW 32,297.87.
  6. A complete set of Bidding Documents in English may be purchased by interested bidders ON THE SUBMISSION OF A WRITTEN APPLICATION to the address below and upon payment of a non refundable fee of Zambian Kwacha Five Hundred (ZMW500.00). The method of payment will be by Cash or Bank Certified Cheque.
  7. The address referred to above is:
    K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwekd@zccmnew.wpenginepowered.com
  8. Bids must be delivered to the address below at or before 10:00 hours on Monday, 10th December 2018. Electronic bidding shall not be permitted. Late bids will be rejected. Bids will be opened physically in the presence of the bidders’ representatives who choose to attend in person at the address below immediately after 10:00 hours on 10th December 2018. All bids must be accompanied by a Bid Securing Declaration.
  9. The address referred to in clause 8 is:
    K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwekd@zccmnew.wpenginepowered.com
Archived Tenders

ZCCM-IH | Addendum No. 1 to the IFBs: Diamond Drilling Works in 3 Licence Areas

Addendum No. 1 to the Invitation for Bids (IFB) to include site visits and pre-bid meeting dates
Diamond Drilling Works in 3 Licence Areas
ONB No.: ZCCM-IH/063/2018

  1. ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 2018/2019 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Drilling Works in 3 Licence Areas; Contract No.: ZCCM-IH/063/2018.
  2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Drilling Works in 3 Licence Areas as follows:
    Lot 1 – Kabundi Area in Serenje District (Duration – 10 weeks);
    Lot 2 – Mutinondo Area in Mpika District (Duration – 10 weeks); and
    Lot 3 – Ndola Area Covering Ndola Lime (Duration – 10 weeks);
  3. Site visits date and time followed by pre-bid meetings:
    Lot 1 – Kabundi Area in Serenje District
    Date: 26th November 2018 at 15:00 hours
    Lot 2 – Mutinondo Area in Mpika District
    Date: Tuesday & Wednesday, 27th and 28th November 2018 respectively
    Lot 3 – Ndola Lime Area Covering
    Date: Monday, 26th November 2018 – All bidders to meet at Ndola Lime gate in Ndola at 09:00 hours sharp.
  4. Bidding will be conducted through the Open National Bidding (ONB) procedures specified in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2011 and is open to all bidders from Eligible Source Countries as defined in the Bidding Documents. The following CEEC preferential treatment shall be applied as part of the evaluation:
    3.1 Citizen-influenced company – 4%
    3.2 Citizen-empowered company – 8%
    3.3 Citizen-owned company – 12%
  5. Interested eligible bidders may obtain further information from the address below and inspect the Bidding Documents at this address from 08:00 – 13:00 and 14:00 – 17:00 local time, Monday to Friday inclusive.
  6. Qualifications requirements include:
    1. Experience as a prime contractor in the rehabilitation of at least two (02) contracts of a similar nature and scope in the last five (05) years;
    2. A minimum amount of liquid assets and/or credit facilities as follows:
      Lot 1 – ZMW951, 519.00;
      Lot 2 – ZMW1, 808,545.00; and
      Lot 3 – ZMW1, 021,388.00;
    3. Average Annual Turnover for the past three (03) years as follows:
      Lot 1 – ZMW12, 369,750.00;
      Lot 2 – ZMW23, 511,093.00; and
      Lot 3 – ZMW13, 278,054.00;
  7. A complete set of Bidding Documents in English may be purchased by interested bidders ON THE SUBMISSION OF A WRITTEN APPLICATION to the address below and upon payment of a non-refundable fee of Zambian Kwacha Five Hundred (ZMW500.00). The method of payment will be either by Cash or Bank Certified Cheque.
  8. The address referred to above is:
    K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Complex Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwekd@zccmnew.wpenginepowered.com
  9. Bids must be delivered to the address below at or before 10:00 hours on Thursday, 6th December 2018. Electronic bidding shall not be permitted. Late bids will be rejected. Bids will be opened physically in the presence of the bidders’ representatives who choose to attend in person at the address below immediately after 10:00 hours on 6th December 2018. All bids must be accompanied by a Bid Securing Declaration.
  10. The address referred to in clause 9 is:
    K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Complex Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwekd@zccmnew.wpenginepowered.com
Investee Company News, Press Releases, ZCCM-IH News

ZCCM-IH | Press Statement on the status of Ndola Lime Company Limited

09 November 2018, Lusaka – ZCCM Investments Holdings Plc would like to dismiss and refute claims circulating on social media that Ndola Lime Company Limited (NLC) is being sold by ZCCM-IH. These claims are unfounded and false.

The position is that two former NLC employees applied to Court to place the company under supervision pursuant to the Corporate Insolvency Act No. 9 of 2017. By order of the Court dated 5th October 2018, the Official Receiver was appointed as Interim Business Rescue Administrator of NLC. ZCCM-IH is seeking legal redress regarding the aforementioned proceedings.

ZCCM-IH has over the past 10 years invested over K1 billion in NLC in form of debt and equity in an effort to turnaround the loss-making operations of the Company into profitability.

However, NLC has faced several challenges among these being technical, financial, market and human resource issues. The plant has been unable to produce to nameplate capacity because of failure to fully commission and optimise the new coal fired vertical kiln (“VK2”) due to technical factors.

In addition, the company has been reporting losses over the past seven years with a current debt stock standing at approximately K800 million.

ZCCM-IH remains committed to the affairs of NLC and will continue to pursue all activities that better the Company and ZCCM-IH’s investment. Part of this includes the consideration of engaging technical staff from NLC to work in the ZCCM-IH new Cement Plant in Masaiti, as the technical processes and operations are similar.

Issued by:
Loisa Mbatha-Kakoma
Public Relations Manager
ZCCM Investments Holdings Plc

-END-

NOTE TO THE EDITOR:

About ZCCM Investments Holdings Plc
ZCCM Investment Holdings PLC is an investment holding company in which Government holds directly about 17.25% shares through the Ministry of Finance and its 60.28% shares is held through the Industrial development Corporation (IDC) in Zambia, with the remaining 22.47% held by institutional and private individual shareholders. ZCCM-IH currently has an investment portfolio of 15 companies. Ndola Lime Company is one of the companies wholly owned by ZCCM-IH.

Contact: kakomal@zccmnew.wpenginepowered.com , +260211388000
Archived Tenders

Request for Expressions of Interest (EOI) of a New Coreshed at Mawe Complex in Kalulushi

1.0 Background

ZCCM Investments Holdings Plc. (ZCCM-IH) is an investment holding company with diversified interests in mining, energy, banking, property and other sectors of the Zambian economy. The company has a primary listing under ISIN number ZM0000000037on the Lusaka Stock Exchange, and secondary listings on London Stock Exchange and Euronext Stock Exchange in Paris.

The Zambian Government (GRZ) directly holds 17.25% of the shares in ZCCM-IH and 60.28% indirectly through Industrial Development Corporation (IDC), an investment company wholly owned by the Zambian Government. With the remaining 22.47% being held by institutions and individuals. The geographical spread of the minority shareholders, who number around 4300, covers over 29 countries in Europe, Africa, the Caribbean, Australia, Asia and the USA.

2.0 Project Summary

ZCCM-IH owns and runs seven (7) core sheds situated at Mawe Complex in Kalulushi District. The core sheds were constructed in the 1960s to store drilled cores resulting from exploration activities undertaken within the Republic of Zambia. The core sheds serve as a source of historical geological information. The assets cover an area of approximately 2,850m2 containing drill cores from close to 2,500 boreholes from various prospects. The total core length stored is approximately 110,000m which would require nearly US$13 million to drill at the cost of diamond drilling rate of US$120/m. At Privatisation of ZCCM Limited, the core sheds were taken over by the Chamber of Mines of Zambia which ran the facilities from 2000 up until 2013 when ZCCM-IH, the successor company to ZCCM Limited took over the former Technical Services premises.

Over the years, there has been an increase in the volume of drilled cores being stored at the existing core sheds. As a result, Mawe Complex has run out of storage capacity in the existing structures. The drill cores are stored in timber core boxes which are prone to deterioration over a period of time. A lot of core boxes are just lying on the corridors of the existing core sheds thereby making cataloguing difficult and also exposing the boxes to adverse weather conditions which cause damage to the wooden core boxes especially during the rainy season. This entails frequent replacement of the core boxes which is a cost to the company as ZCCM-IH has to periodically replace damaged core boxes in a bid to maintain the integrity of these cores. Given these challenges, ZCCM-IH intends to expand the storage capacity by building one core shed to help alleviate the storage problem.

ZCCM-IH therefore seeks the services of an experienced firm with expertise in providing an innovative and aesthetically pleasing modern design of the core shed and supervision of the construction works. The assignment is divided into two (02) parts:

Part I: Design, Provision of Specifications and Production of Drawings;

Part II: Supervision of the Construction Works.

ZCCM-IH now invites eligible consultants to indicate their interest in providing the above services. Interested firms must provide information to demonstrate that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions etc.).

Interested consultants may obtain further information at the address below during office hours between 08:00 – 13:00 hours and between 14:00 – 17:00 hours local time from Monday to Friday.

A consultant will be selected using Quality and Cost Based Selection (QCBS) method. Interested consultants must submit one (01) original and three (03) hard copies of the Expression of Interest to the address below not later than Tuesday, 20th November 2018.

Procurement Manager
ZCCM Investments Holdings Plc
ZCCM-IH Office Park
Stand No. 16806, Alick Nkhata Road
Mass Media Complex Area
P.O. Box 30048
Lusaka.
Email: kabwekd@zccmnew.wpenginepowered.com
Archived Tenders

Invitation for Bids (IFB) | Diamond Drilling Works in 3 Licence Areas

1. ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 2018/2019 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Drilling Works in 3 Licence Areas; Contract No.: ZCCM-IH/063/2018.

2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Drilling Works in 3 Licence Areas as follows:

Lot 1 – Kabundi Area in Serenje District (Duration – 10 weeks);
Lot 2 – Mutinondo Area in Mpika District (Duration – 10 weeks); and
Lot 3 – Ndola Area Covering Ndola Lime (Duration – 10 weeks);

3. Bidding will be conducted through the Open National Bidding (ONB) procedures specified in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2011 and is open to all bidders from Eligible Source Countries as defined in the Bidding Documents. The following CEEC preferential treatment shall be applied as part of the evaluation:

3.1 Citizen-influenced company – 4%
3.2 Citizen-empowered company – 8%
3.3 Citizen-owned company – 12%

4. Interested eligible bidders may obtain further information from the address below and inspect the Bidding Documents at this address from 08:00 – 13:00 and 14:00 – 17:00 local time, Monday to Friday inclusive.

5. Qualifications requirements include:

i) Experience as a prime contractor in the rehabilitation of at least two (02) contracts of a similar nature and scope in the last five (05) years;

ii) A minimum amount of liquid assets and/or credit facilities as follows:

Lot 1 – ZMW3,120,000.00;
Lot 2 – ZMW1,872,000.00; and
Lot 3 – ZMW1,021,388.00;

iii) Average Annual Turnover for the past three (03) years as follows:

Lot 1 – ZMW40,560,000.00;
Lot 2 – ZMW24,336,000.00; and
Lot 3 – ZMW13,278,054.00;

6. A complete set of Bidding Documents in English may be purchased by interested bidders ON THE SUBMISSION OF A WRITTEN APPLICATION to the address below and upon payment of a non-refundable fee of Zambian Kwacha Five Hundred (ZMW500.00). The method of payment will be either by Cash or Bank Certified Cheque.

7. The address referred to above is:

K D Kabwe (Mrs.)
ZCCM Investments Holdings Plc.
ZCCM-IH Office Park, Stand No. 16806
Alick Nkhata Road, Mass Media Complex Area
Lusaka, Zambia
Tel: +260-211-388000
E-mail: kabwekd@zccmnew.wpenginepowered.com

8. Bids must be delivered to the address below at or before 10:00 hours on Thursday, 6th December 2018. Electronic bidding shall not be permitted. Late bids will be rejected. Bids will be opened physically in the presence of the bidders’ representatives who choose to attend in person at the address below immediately after 10:00 hours on 6th December 2018. All bids must be accompanied by a Bid Securing Declaration.

9. There will be a pre-bid conference as follows:

Date: Tuesday, 27th November 2018
Time: 10:00 hours
Place: MAWE Complex, Farm No. 1937, Maina Soko Road, Kalulushi.

10. The address referred to in clause 8 is:

K D Kabwe (Mrs.)
ZCCM Investments Holdings Plc.
ZCCM-IH Office Park, Stand No. 16806
Alick Nkhata Road, Mass Media Complex Area
Lusaka, Zambia
Tel: +260-211-388000
E-mail: kabwekd@zccmnew.wpenginepowered.com

Industry News

New wave of interest in the mining sector by Australian investors

Minister of Mines and Minerals Development Richard Musukwa says for Zambia to continue attracting foreign direct investment in sustainable mining projects, it is important to reduce the risk that comes with mining investment by making sure that the investors have access to adequate geological information.

Mr. Musukwa said it is for this reason that Government through the geological survey department has continued in carrying out geological mapping of the country in an effort to expand knowledge on mineral occurrence around the country.

He was speaking at the ongoing 5th annual International Mining and Resources Conference during the inaugural Africa Focus Day session on Promoting Opportunities for Sustainable mining practices within Africa.The IMARC which is one of the world’s largest resources conference, officially opened on Monday, 29th October to run till 1st November 2018, in Melbourne, Australia.

And Zambia’s High Commissioner to Australia Frank Bwalya, who is also attending the conference says the new wave of interest in the mining sector by Australian investors is in response to the vision of the Zambian Government to develop the country though Industrialisation.

Mr. Bwalya has observed that as the Industrialisation agenda gathers momentum, more interest in Zambia’s mining sector will be generated.

And speaking during a panel discussion on investment and development opportunities in Africa, ZCCM Investments Holdings Plc Chief Executive Officer Dr. Pius Kasolo said that Zambia remains a favourable investment destination in mining due to the enabling investment climate with a vast unexploited mineral resource.

Dr. Kasolo said that the industry is open to investors from various nationalities, and that this is representative of the existing players who are diverse and multinational in nature, contrary to the sentiments that the sector is largely occupied by Chinese investors.

This year, the conference has attracted over 6,000 attendees from over 90 nations, with over 200 expo stands showcasing the best of the minerals industry from machinery, technology, services, government pavilions, and mining companies, including ZCCM-IH.

The conference also coincides with the bi-annual meeting of the International Council on Mining and Metals, a CEO-led organization bringing together 27 of the world’s leading mining and metals companies.

Zambia is being represented by a delegation led by the Minister of Mines and Minerals Development Richard Musukwa, Frank Bwalya, Zambia’s High Commissioner to Australia and ZCCM-IH’s Board Director Mateyo Kaluba and the Chief Executive Officer, Dr Pius Kasolo.

This is according to a statement issued to the Media by Loisa Mbatha-Kakoma, Public Relations Manager ZCCM Investments Holdings Plc.

Source: Lusala Times
Archived Jobs

ZCCM-IH Vacancy | Legal Counsel – Dispute Resolution

ZCCM-IH is an investments Holdings company in which the Government of the Republic of Zambia holds the majority shares while others are held by private investors. The Company has investments in the privatized mining companies on the Copperbelt, North-Western and Southern Provinces of Zambia as well as in other sectors of the economy. The mission of the Company is “To be a transformative company with an investment agenda that benefits all our stakeholders”.

In order to achieve this mission, the Company invites applications from suitably qualified and experienced staff who are innovative, energetic and performance driven to fill the following position in the Legal Directorate:

1. Legal Counsel – Dispute Resolutions (X1) – Kitwe

JOB TITLE: Legal Counsel -Dispute Resolution

JOB GRADE: ZH4

DIRECTORATE: Legal

STATION: Kitwe

2. JOB PURPOSE

To provide legal services to the Company in Dispute Resolution.

3. KEY RESULT AREAS AND PRINCIPAL ACCOUNTABILITIES

KEY RESULT AREAS KEY RESULT AREAS
Advisory
  • Reviews disputes and provides appropriate advice to the Company.
  • Provides an opinion on the merits of each dispute.
Court/Arbitration/Mediation Documents
  • Determines appropriate Court/Arbitration/Mediation documents required in order to prepare for disputes.
  • Drafts the requisite Court/Arbitration/Mediation documents
  • Ensures effective service of all Court/Arbitration/Mediation documents on the relevant parties
Witnesses
  • Identifies and procures suitable witnesses for disputes
  • Conducts pre-trial with identified witnesses
  • Facilitates the availability of witnesses for hearing.
Attendance to Disputes
  • Attends all hearings scheduled for disputes and avoids unnecessary adjournments.
  • Defends the Company in all matters against it.
  • Prosecutes matters on behalf of the Company.
  • Attends to ex-curia settlements of disputes

4. REPORTING RELATIONSHIPS

a) Reports to:

Deputy General Counsel

b) Other Jobs Reporting to (4a) above

Legal Counsel- Compliance, Conveyancing Officer

c) Number and level of immediate subordinates:

Legal Assistants (2)

5. ESSENTIAL/DESIRABLE EXPERIENCE/QUALIFICATIONS

a) Professional Qualification :

  • Grade 12 Certificate
  • Bachelor’s Degree (LLB)
  • Advocate of the High Court of Zambia (Minimum 3 years at the Bar)
  • Member of the Law Association of Zambia.
  • Proven Court room experience a must.

b) Minimum Relevant Pre-Job Experience:

  • 3 years

c) Skill Specifications:

  • Analytical skills
  • Communication skills
  • Computer Skills

d) Other Attributes (Personality Traits)

  • Integrity
  • Eloquent
  • Persuasive
  • Decisive
  • Tactful

Application Procedure

Applications together with copies of certificates and detailed curriculum vitae should reach the undersigned not later than 9th November 2018

Human Resources Manager
ZCCM Investments Holdings Plc
ZCCM IH Office Park
P O Box 30040
LUSAKA

Industry News

5655 carat Emerald found at Lumwana mine

A 5,655-carat emerald described as having “remarkable clarity and a perfectly balanced golden green hue” was discovered in Zambia in early October.

The gem was unearthed at the Kagem mine, the world’s largest emerald mine, which is 75% owned by Gemfields Group, a London-based supplier of responsibly sourced colored gemstones, with the remaining stake in the mine owned by the Government of the Republic of Zambia. Gemfields specializes in the mining, processing, marketing and sale of colored gemstones, in particular emeralds and rubies.

The emerald was discovered in the eastern part of Kagem’s largest open-pit mine on October 2 by geologist Debapriya Rakshit and veteran emerald miner Richard Kapeta, Gemfields said in a statement, adding that “this area of the mine has proven to be particularly fertile in recent months with the Kagem team recovering several significant crystals there, but none with the combined size, color and clarity” of this emerald.

In a rare honor, Gemfields chose to name the gem. In this case, “Inkalamu,” which means “lion” in the Zambian Bemba language. The company says the name is in honor of the work carried out by two of Gemfields’ conservation partners, the Zambian Carnivore Program and the Niassa Carnivore Project in Mozambique. Gemfields has three-year philanthropic sponsorships with each organization in order to aid them in wildlife conservation, promote community development and stem the problem of poaching by developing alternative livelihoods. The company further said it will donate 10% of the sale proceeds of the emerald to the two organizations.

“These partners work tirelessly to smooth the relationship between Africa’s carnivores and local communities across vast, remote and challenging areas,” the company said.

Source: Forbes