ZCCM houses sale to take 3 years

THE sale of 16,000 houses to former Zambia Consolidated Copper Mines (ZCCM) workers will be completed in the course of three years, the ZCCM-Investment Holdings has said.

ZCCM-IH Chief Executive Officer Pius Kasolo said ZCCM-IH sold the houses to its former employees and so far 64 per cent of the units had been sold off with all the transactions concluded.

Speaking during the re-opening of the firm’s Kitwe office, which had closed, Mr Kasolo said the initial houses were 45,817 and 29,292 transactions had been completed with title deeds issued.

He said the delays had been due to legal disputes regarding certain houses, the death of former employees, and family disputes, following deceased purchasers.

“With the re-opening of this office, it is anticipated that the processing of tittles will be concluded expeditiously. ZCCM-IH is doing everything possible to resolve the transactions, as such we have come up with a programme that will see the remaining transactions concluded within three years,” he said.

Copperbelt Minister Bowman Lusambo was happy that ZCCM-IH had come up with a three-year programme to complete the transactions.

In a speech read for him by Kitwe District Commissioner Binwell Mpundu, Mr Lusambo said owning a house was an empowerment, hence the need for ZCCM-IH to expedite the process on the remaining transactions.

He said the Government was available to assist ZCCM-IH complete the process and called on former purchasers to work with the firm to complete the process.

“My ministry is anxious to see that all former employees receive their title deeds. The Government’s agenda, among others, is the economic empowerment of citizens. Certainly house ownership forms part of such empowerment,” he said.

Mineworkers Union of Zambia president Chishimba Nkole urged all former employees to visit the office and complete their transactions.

He said former employees had not made efforts to complete their transactions looking at the number of documents that were still in the hands of ZCCM-IH.


Source: Times

ZCCM-IH | Further Cautionary Announcement

Shareholders and the market are referred to the Cautionary Announcement issued on Monday, 29th May 2017, in which they were informed of ZCCM Investment Holdings Plc (“ZCCM-IH” or “the Company”) intentions to undertake a Mandatory Offer to the Minority Shareholders of Investrust Bank Plc (“Investrust” or “the Bank”). Shareholders were further informed that Investrust and ZCCM-IH were in discussions regarding the process and timing of the Mandatory Offer.

ZCCM-IH wishes to inform shareholders and the market that the Company is in the process of obtaining the requisite regulatory approvals in order to proceed with the Mandatory Offer. Thereafter, details of the Mandatory Offer including salient dates and terms will be communicated.

In the meantime, shareholders are advised to exercise caution when dealing in the Company’s securities.

By Order of the Board
Chabby Chabala
Company Secretary

Issued in Lusaka, Zambia on Friday, 22nd September 2017

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 founder member of the Lusaka Securities Exchange and is regulated by the Securities and Exchange Commission of Zambia

First Issued on Monday, 29th May 2017

Statement to the public on the Company financial performance for 2015/16

INTRODUCTION

ZCCM Investments Holdings Plc (ZCCM-IH) is listed on three stock Exchanges: the Lusaka Stock Exchange (Primary listing) where it is the largest company by market capitalization and on the London Stock Exchange (Secondary Listing) and the Euronext Access in Paris, France…

FINANCIAL PERFORMANCE HIGHLIGHTS FOR 2015/16

ZCCM-IH financials are audited by competent, reputable and internationally recognised Auditors and are annually and publicly made available through print media and ZCCM-IH website. The said financials and the Reports in which they are published show no deficit. Further, all Company funds have been properly disclosed and accounted for in the said financials and its Report…

DIVIDENDS

In November 2014, ZCCM-IH declared a dividend of USD $40 million. This was the first dividend declared in the history of the Company, and the largest dividend ever declared on the Lusaka Stock Exchange…


Press Release – Results ending 31 March 2016 Detailed Release

ZCCM-IH | Further cautionary announcement

Shareholders and the market are referred to the Cautionary Announcement issued on Monday, 29th May 2017, in which they were informed of ZCCM Investment Holdings Plc (“ZCCM‐IH” or “the Company”) intentions to undertake a Mandatory Offer to the Minority Shareholders of Investrust Bank Plc (“Investrust” or “the Bank”) and Investrust and ZCCM-IH were in discussions regarding the process and timing of the Mandatory Offer.

ZCCM-IH wishes to inform shareholders and the market that the Mandatory Offer is expected to be concluded by the end of the third quarter of 2017.

In the meantime, shareholders are advised to exercise caution when dealing in the Company’s securities.

By Order of the Board
Chabby Chabala
Company Secretary

Issued in Lusaka, Zambia on Monday, 17th July 2017

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 founder member of the Lusaka Securities Exchange and is regulated by the Securities and Exchange Commission of Zambia

First Issued on 29th May 2017

ZCCM-IH To Scale-up its “Clean Water for Zambia” CSR Project

ZCCM Investments Holdings Plc (ZCCM-IH) will continue with the “Clean Water for Zambia” project this year by sinking 18 boreholes in remote areas of the country at a total cost of K1.2 million.

ZCCM-IH owes its continued existence, to the mining industry, where, at the moment, virtually all of its investments are held. As an investment company, majority-owned by Government on behalf of the Zambian people, we believe that our corporate social responsibility (CSR) activities are expected to spurn the entire country.

ZCCM-IH embarked on the “Clean Water for Zambia” project in 2016, focused on sinking a number of boreholes as its core sustainable social corporate investment. The boreholes were earmarked for remote areas of the country with little or no access to clean and safe water. So far, ZCCM-IH sunk two boreholes in Sinda District in two separate communities with approximately eight thousand community members in total.

With access to clean and safe drinking water, water borne diseases subside and living standards improve, among others. Safe and clean water will also greatly improve the health of mothers, infants and children and consequently reduce the maternal neonatal mortality rate in Zambia. There is also a visible correlation between improvement of girls’ education and access to safe clean water as well as the empowerment of women.

Women and girls move long distances to fetch water and end up using a lot of hours in a day on this activity when they could otherwise be engaged in other social economic activities that would improve their livelihoods such as income generating ventures or education.

This project is aimed at contributing to targets under the Sustainable Development Goal (SDG) number six which aims at “Ensuring access to water and sanitation for all”. Statistics indicate that more than one third of Zambia’s population does not have access to clean water.

Invitation for Bids | Renovation Works to ZCCM-IH Properties in Lusaka, Ndola, Kitwe and Kalulushi

  1. ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 2017/2018 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Renovation Works to ZCCM-IH Properties in Lusaka, Ndola, Kitwe and Kalulushi, Contract No.: ZCCM-IH/019/2017.
  2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Renovation Works to ZCCM-IH Properties in Lusaka, Ndola, Kitwe and Kalulushi as follows:Lot 1 – ZCCM-IH Office Park, Alick Nkhata Road & 30B Kudu Road, Kabulonga in Lusaka (Duration – 12 weeks);
    Lot 2 – Former Oils Conditioning Monitoring Laboratory in Kalulushi (Duration – 12 weeks);
    Lot 3 – Investments House, Kantanta Street in Kitwe (Duration – 10 weeks); and
    Lot 4 – Mining Industry Archives, Arusha Street in Ndola (Duration – 12 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 – ZMW986,110.00;

    Lot 2 – ZMW533,516.00;

    Lot 3 – ZMW654,890.00;

    Lot 4 – ZMW533,258.00.

    iii) Average Annual Turnover for the past three (03) years as follows:
    Lot 1 – ZMW12,819,440.00;

    Lot 2 – ZMW6,935,709.00;

    Lot 3 – ZMW8,513,579.00;

    Lot 4 – ZMW6,932,357.00.

  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 Area
    Lusaka, Zambia
    Tel: +260-211-228833
    E-mail: kabwekd@zccm-ih.com.zm
  8. Bids must be delivered to the address below at or before 10:00 hours on Thursday, 27th July 2017. 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 27th July 2017. All bids must be accompanied by a Bid Securing Declaration.
  9. There will be official site visits as follows:
    Lot 1
    Date: Monday, 10th July 2017
    Time: 10:00 hours
    Place: ZCCM-IH Office Park, Stand No. 16806, Alick Nkhata Road, Mass Media Area, LusakaLot 2
    Date: Wednesday, 12th July 2017
    Time: 10:00 hours
    Place: ZCCM-IH, Technical Directorate, Kalulushi.

    Lot 3
    Date: Thursday, 13th July 2017
    Time: 10:00 hours
    Place: ZCCM-IH, Investments House, Kitwe.

    Lot 4
    Date: Friday, 14th July 2017
    Time: 11:00 hours
    Place: ZCCM-IH, Mining Industry Archives, Arusha Street, Ndola.

  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 Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwekd@zccm-ih.com.zm

ZCCM-IH | Letter to Shareholders (French Version)

CEO.ZCCM-IH/167/2017

15 juin 2017

Cher Actionnaire,

RAPPORT ANNUEL ET ÉTATS FINANCIERS DE ZCCM INVESTMENTS HOLDINGS PLC POUR L’EXERCICE CLOS LE 31 MARS 2016


En référence à la mention précédente, nous vous prions de trouver ci-joint votre rapport annuel et vos états financiers pour l’exercice clos le 31 mars 2016. Vous trouverez également dans le même envoi, l’avis et l’ordre du jour (“Notice and Agenda”) de la 13ème Assemblée Générale des Actionnaires (AGA) qui aura lieu Le 14 juillet 2017 à Lusaka Zambie à l’hôtel Southern Sun Ridgeway à 10:00 heures.

Cher Actionnaire, vous êtes cordialement invité à assister à la 13ème Assemblée Générale des Actionnaires dont les détails sont fournis ci-dessus et que vous retrouverez dans les documents ci-joints. Au cas où vous ne pourriez pas assister à l’AGA en personne, vous pouvez éventuellement participer à cette AGA par procuration. Vous trouverez le formulaire de procuration en page 15 de la brochure “Notice and Agenda”.

Sinon vous pouvez vous rendre sur le site Web de ZCCM Investments Holdings à l’adresse suivante : https://docs.google.com/file/d/0B7eB_13EKH3_eHhUY3NsaWFrWVk/view?rm=minimal

et accéder à une version numérique du formulaire de procuration.

Nous vous remercions pour votre soutien continu. Nous espérons vous voir, vous ou votre mandataire, à l’Assemblée. Si vous avez besoin de plus amples précisions sur le contenu de ce courrier, n’hésitez pas à nous contacter.

Veuillez agréer, Cher Actionnaire, l’expression de nos sentiments respectueux.

ZCCM INVESTMENTS HOLDINGS PLC

Dr P C Kasolo (pp)
Président Directeur Général

Copie adressée au Secrétaire Général


Letter to Shareholders (French Version)

ZCCM-IH | Letter to Shareholders (English Version)

CEO.ZCCM-IH/162/2017

15 June 2017

Dear Shareholder,

ZCCM INVESTMENTS HOLDINGS PLC – ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2016


We refer to the above and enclose herein your Annual Report and Financial Statements for the financial year ended 31 March 2016. You will also find enclosed in the same pack, the Notice and Agenda of the 13th Annual General Meeting (AGM) that will be held on the 14th of July 2017 in Lusaka Zambia at Southern Sun Ridgeway Hotel at 10:00 hours.

Our esteemed shareholder, you are cordially invited to attend the 13th Annual General meeting whose details are provided above and further captured in the enclosed documents. In the event that you are unable to attend the AGM in person, you may still be able to participate during this AGM through a proxy. You will find the hard copy of the proxy form on page 15 of the Notice and Agenda.

Alternatively, you can visit the ZCCM-IH website on the following link: https://docs.google.com/file/d/0B7eB_13EKH3_eHhUY3NsaWFrWVk/view?rm=minimal and access a soft copy of the proxy form.

We thank you for your continued support; we hope to see you or your proxy at the AGM. Should you require further clarification over the contents of this letter, please feel free to contact us.

Yours faithfully,
ZCCM INVESTMENTS HOLDINGS PLC

Dr P C Kasolo
Chief Executive Officer

Cc Company Secretary


Letter to Shareholders English Version

ZCCM-IH | Request for Expressions of Interest – Consultant Services

PROJECT DESCRIPTION: LUFWANYAMA INTEGRATED FARMS ENVIRONMENTAL IMPACT ASSESSMENT

1.0 BACKGROUND

ZCCM Investments Holdings Plc is an investments holding company which has a majority of its investments held in the copper mining sector of Zambia. ZCCM-IH’s majority shareholders are the Industrial Development Corporation (IDC) with 60.3%, Government of the Republic of Zambia (GRZ) with 17.3% shareholding, National Pensions Scheme Authority (NAPSA) with 15% and other shareholders with 7.4%.

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

The Company intends to diversify into the agriculture and other sectors, the company in 2010 acquired 2000 Ha of virgin land in Lufwanyama District which it intends to develop into an economically viable integrated crop and livestock farming operation. However, in order to proceed with this development, it is law that an Environmental and Social Impact Assessment (EIA) be undertaken in accordance with the Zambia Environmental Protection Act.

In this regard, need has arisen to engage a Consulting Firm to conduct an Environmental and Social Impact Assessment (EIA) for its integrated farming project in Lufwanyama, in accordance with the Zambia Environmental Protection Act.

2.0 PROJECT SUMMARY

In view of the proposed project the consultant will be required to consider the following as the scope of environmental assessment.

  • Assessment of project and identify cumulative environmental effects
  • Consideration of cumulative environmental effects resulting from the project development and long term operation
  • Alternative methods of carrying out activities considered risky to the environmental
  • Develop and Environmental Management Plan (EMP) of how to deal with identified risks
  • Recommendation of monitoring programs to ensure social and environmental sustainability
  • In view of the above, the EIA should consider the impact of the project on the following environmental and social factors;
  • Review of the atmospheric environment including characterization of the existing air quality as well as climate of the area
  • Review of the existing water and wetland resources, its quality and potential pollution risks due to the project
  • Review of existing and anticipated land resource utilization in the area
  • Review of the aquatic environment including characterization of the fish and fish habitat as well as environmental effects of the project
  • Review of the vegetative environment including characterization of existing conditions and possible environmental effects analyses
  • Review of public health and safety issues related to the project
  • Review of labour and economic effects of the project in the area including characterization of existing labour situation
  • Review of existing community services and infrastructure as well as effects of the project
  • Review of existing transport and communication infrastructure and possible effect of the project
  • Identify assets of archaeological/historical interest

The project is expected to take 8 weeks to complete. The expected milestones are as indicated below:

S/N Milestone Deliverable Timeline
1 Inception Inception Report 2 weeks
2 Stakeholder Consultation Stakeholder Consultative Meeting Report 1 week
3 Environmental Impact Assessment Draft Environmental Impact Assessment Report 3 weeks
4 Environmental Impact Assessment Final Environmental and Social Impact Statement 2 weeks

ZCCM-IH now invites Eligible Consulting Firms to indicate their interest in providing the above services. Interested consulting firms must provide information to demonstrate that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions .etc. Consulting firms may associate to enhance their qualifications.

A consultant will be selected using Quality and Cost Based Selection (QCBS) method in accordance with the Zambia Public Procurement Regulations, 2011 (Statutory Instrument No. 63 of 2011).

Interested consulting firms must submit five (05) hard copies of their Expressions of Interest to the address below not later than 16:30 hours on Tuesday, 4th July 2017.

The Procurement Manager
ZCCM-IH Office Park
Stand No.16806
Alick Nkhata Road
Mass Media Complex
P.O. Box 30048
Lusaka.