Zambia Gold Company Limited (ZGCL) Job Advertisement 1st September 2021

The Zambia Gold Company Limited (ZGCL) was established in 2020, with the main objective of formalising and developing the gold sub-sector in the country. The shareholders of the company are the ZCCM Investments Holding (ZCCM-IH) with 51 per cent and the Government of the Republic of Zambia through the Ministry of Finance with 49 per cent. The Company has been working towards turning the gold sub-sector into a commercially viable one, which will not only benefit the investors but also all other relevant stakeholders.

In order to achieve this, the Company invites applications from suitably qualified individuals, who are innovative, energetic and performance driven to fill the following positions:

1. Assistant Accountant-Payables X 1 

Location         :           Lusaka                                              
Department  :           Finance
Report to        :           Accountant
Head of Dept :        Head Finance
Job Purpose

To provide support to the Accountant and wider finance team by helping to prepare and maintain accurate financial records, processing of invoices and payments, assisting in the preparation and submission of statutory returns for ZRA, NAPSA and other applicable regulators.

Main Duties

  1. Raising of payments and petty cash vouchers for processing after inspecting and verifying support documents such as invoices, delivery notes and receipts.
  2. Posting of transactions and payments in the accounting system to the respective ledger accounts.
  3. Assist in the monthly preparation and submission of statutory returns for ZRA, NAPSA and other regulators.
  4. Maintain complete and accurate filing system to support safe retention of all Company financial records.
  5. Assist in the preparation of payroll for all employees.
  6. Maintain an accurate and up-to-date cashbook on a daily basis.
  7. Maintain an accurate and up-to-date petty cash float system.
  8. Reconciliation of supplier accounts at the end of the month.
  9. Monitoring and timely reconciliation of imprest advanced to employees.
  10. Any other duties as assigned by the Supervisor

Qualifications and experience

  1. a) Professional Qualifications
    • Full Grade12 Certificate or its equivalent
    • Diploma in Accountancy or Finance, ACCA level 2, ZICA Licentiate, CIMA level 2 or its equivalent.   
  2. b) Minimum Relevant Job Experience:
    •  3 years of work experience in a similar position.
  3. c) Skill Specifications:
    • Good numerical and analytical skills
    • Good communication skills both written and spoken
    • Excellent computer skills
    • Interpersonal skills
  4. d) Other Attributes (Personality Traits)
    • Integrity and Confidentiality
    • Autonomy
    • Honesty
    • Result oriented
    • Pleasant personality

2. Assistant Accountant – Receivables and Reconciliations X1

Location         :           Lusaka                                         
Department   :           Finance 
Report to        :           Accountant
Head of Dept :           Head Finance
Job Purpose

 To provide support to the Accountant and wider finance team by updating and maintaining accurate financial records as well as preparation of management reports for both internal and external purposes.

Main duties

  1. Posting of sales transactions as well as other receipts for the Company on the Accounting package.
  2. Preparation of all sales invoices for the Company.
  3. Maintenance and follow-up on outstanding Company receivables.
  4. Assist in the maintenance of an accurate fixed assets register.
  5. Assist in the reconciliation of all balance sheet accounts on a monthly basis
  6. Assist in the preparation of the monthly management accounts.
  7. Assist in the preparation of annual financial statements for the Company.
  8. Prepare all manual journal entries on a monthly basis.
  9. Assist with provision of support documentation requested for by the Company external auditors as well as other stakeholders.
  10. Any other duties as assigned by the Supervisor.

Qualifications and experience

  1. a) Professional Qualifications
    • Full Grade12 Certificate or its equivalent
    • Diploma in Accountancy or Finance, ACCA level 2, ZICA Licentiate, CIMA level 2 or its equivalent.
  1. b) Minimum Relevant Job Experience:
    • 3 years of work experience in a similar position.
  1. c) Skill Specifications:
    • Good numerical and analytical skills
    • Good communication skills both written and spoken
    • Excellent computer skills
    • Interpersonal skills  
  1. d) Other Attributes (Personality Traits)
    • Integrity and Confidentiality
    • Autonomy
    • Honesty
    • Result oriented

ZGCL provides equal employment opportunities to all Zambians on merit.

Interested suitably qualified and experienced individuals should send their application letters, together with certified copies of academic and professional certificates, a detailed curriculum vitae with traceable references, and copy of the NRC to the undersigned not later than Friday, 10th September, 2021.

Only shortlisted candidates will be responded to.
Head Human Resources and Administration
Zambia Gold Company Limited
Subdivision F/377a/30/B
Kudu Road, Kabulonga
LUSAKA

Email:  JobsZamGold@zccmnew.wpenginepowered.com

Download the document here: Advertisement 1 September 2021

Invitation for Bids – HFO

LIMESTONE RESOURCES LIMITED

Incorporated in the Republic of Zambia

Invitation for Bids (IFB)

Supply and Delivery of Heavy Fuel Oil (HFO) to Limestone Resources Limited of Ndola, Copperbelt Province

ONB No.: LRL/001/2021

  1. Limestone Resources Limited (LRL) using financing from own sources (budgeted LRL Operating Expenditure (OPEX) for the 2021 Financial Year), intends to apply part of the funds for payments under the Contract for the Supply and Delivery of Heavy Fuel Oils (HFO) to Limestone Resources Limited of Ndola, Copperbelt Province; Contract: LRL/001/2021.
  2. Limestone Resources Limited “LRL” is a ZCCM Investments Holdings Plc (ZCCM-IH) wholly-owned subsidiary and is located in Ndola District, Copperbelt Province.
  3. It is against this background that Limestone Resources Limited now invites sealed bids from eligible and qualified bidders for the Supply and Delivery of HFO to Limestone Resources Limited of Ndola, Copperbelt Province; Contract No.: LRL/001/2021. The HFO to be delivered to Limestone Resources Limited of Ndola, Copperbelt Province.
  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:

4.1 Citizen-influenced company – 4%

4.2 Citizen-empowered company – 8%

4.3 Citizen-owned company – 12%

  1. 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
  2. Qualifications requirements include:

(a)   Financial Capability.

The Bidder shall furnish documentary evidence that it meets the following financial requirement(s):

      1. A minimum amount of liquid assets and/or credit facilities of ZMW1,760,000.00

(b)     Experience and Technical Capacity.

The Bidder shall furnish documentary evidence to demonstrate that it meets the following experience requirement(s): Carried out at least two (02) contracts of a similar nature and scope in last one (01) year.

  1. 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 through bank transfer.

          Account type: CORPORATE CURRENT ACCOUNT.

          Account currency: ZMW – ZAMBIAN KWACHA.

          Sort code: 040103 BANK STATEMENT / TAX INVOICE

          Account number: 9130004314402

 

  1. The address referred to above is:

Head of Procurement
Limestone Resources Limited
P.O. Box 70057, Plot 1523
Depot Road Cleveland Park
Ndola, Zambia  

E-mail: ASakala@lrl.co.zm

  1. Bids must be delivered to the address below at or before 10:00 hours on Thursday, 06th September 2021. 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 06h September 2021. All bids must be accompanied by a Bid Securing Declaration.
  2. The address referred to in clause 8 is:

Head of Procurement
Limestone Resources Limited
P.O. Box 70057, Plot 1523
Depot Road Cleveland Park
Ndola, Zambia  

E-mail: ASakala@lrl.co.zm

Maamba Collieries Completes Five Years Of Energy Supply

This month marks five years since the commissioning of Zambia’s largest coalfired Thermal Power Plant at Maamba Collieries in Sinazongwe District, Southern Province and commencing supply of electricity to the national grid.

The state-of-the-art 300 MW plant was commissioned by the Republican President H.E. Mr. Edgar Chagwa Lungu on August 7, 2016, making MCL Zambia’s largest Independent Power Producer – accounting for about 10% of the country’s installed capacity at the time.

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More Gold Being Sought

ZAMBIA Gold Company Limited (ZGCL) has accelerated gold explorations at its Kasenseli project in Mwinilunga as it looks to meet the increasing demand for the precious metal. ZGCL, which is a subsidiary of ZCCM-Investments Holdings (IH), has been producing gold and buying the precious metal from small-scale gold miners, with the company producing and buying over 38,320 grams and 29,523.31 grams respectively. This brings the total number of gold produced to date from the time mining activities started to 115,474 grams. ZGCL project manager Charles Mjumpi said the exploration the firm is undertaking will go a long way in increasing production to help the central bank build its gold reserves. Mr Mjumpi said the company, working with ZCCM-IH, has started preliminary mineral exploration activities in Rufunsa, with full exploration starting next month.
“At present, we are carrying out gold explorations and mining in CLICK TO READ MORE

Bank of Zambia Buys 478kg Gold

(ZANIS) The Bank of Zambia has purchased 478.76 kilograms of gold at a cost of 604.3 million Kwacha since December 2020.

In a statement, the Bank of Zambia, Communications Division says this is broken down in 391.92 Kilograms purchased from Kansanshi Copper Mining Plc at a cost of 500.5 Million Kwacha and 86.84 Kilograms purchased from Zambia Gold Company, a subsidiary of ZCCM-IH at a cost of 103.8 million Kwacha.

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