ZCCM-IH

Archived Tenders

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@zccmnew.wpenginepowered.com
  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@zccmnew.wpenginepowered.com
Corporate Announcements

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 News

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
Archived Tenders

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.

Corporate Announcements

ZCCM-IH | Audited abridged results to 31 March 2016

In accordance with the requirements of the Securities Act No. 41 of 2016, ZCCM-IH Plc announces its audited annual financial statements for the year ended 31 March 2016. Below are excepts from the results.

Commentary

  • Performance of the Group continued to be impacted by low global copper prices coupled with low production. The price of copper on the LME further fell from US$6,052/ton at 31 March 2015 to US$4,848/ton at 31 March 2016. As a result, most of the investee companies recorded significant operating losses during the period. Further, the Kwacha depreciated by 48% from K7.5755/US$ as at 31 March 2015 to K11.1800/US$ as at 31 March 2016. This had a significant impact on the Group results.
  • Operating loss reduced by 61% to K858 million (2015: K 2,179million). The Group’s share of losses of equity accounted investees was K2, 210 million (2015: Share of Profit K280 million).
  • Loss after tax was K2, 912million (2015: Loss K987million).
  • Total assets increased by 15% from K8, 504 million to K9, 797 million largely on account of translation differences on equity accounted investees.
  • The Ndola Lime recapitalization project is undergoing hot commissioning. The K651 million shareholder loan that ZCCM-IH lent to Ndola Lime Company Limited (NLC) was converted into Equity in order to strengthen the company’s balance sheet.

Related download

ZCCM-IH Abridged to 31 March 2016.pdf
ZCCM-IH News

ZCCM-IH | Release of 2016 Annual report

On behalf of the Board of Directors, I am pleased to share with you the performance of ZCCM Investments Holdings Plc (ZCCM-IH) as a Company and that of its investee companies during the financial year ended 31 March 2016.

As ZCCM-IH’s investment is largely in the mining sector, the Company experienced low to static growth owing to the challenges faced by the mining sector in general. The mining sector was faced with a significant energy deficit which affected production negatively and consequently led to a reduction in revenues. The situation was further compounded by low commodity prices particularly copper due to increased supply on the market and reduced demand mainly in high copper consumer countries such as China. As a result of the foregoing, investment in the mining sector was reduced and mainly concentrated on consolidation of already existing operations…

Outlook

Beyond these current challenges, the underlying drivers of growth in Sub-Saharan Africa that have been in play domestically in the region over the past decade most importantly, the much improved business environment generally continue to be in place, and favorable demographics are poised to support these drivers over the coming decades. These will anchor medium-term growth prospects…

Appreciation

I express sincere gratitude to my fellow Board members, the immediate past Board members, the Management and Staff of ZCCM-IH for their dedication and commitment during the past year. I again extend my gratitude to the investee companies for their efforts and contributions during the year.

Related download

2016 Annual Report.pdf

Corporate Announcements

ZCCM-IH | Notice of Annual General Meeting

NOTICE IS HEREBY given that the Thirteenth Annual General Meeting of members of ZCCM Investments Holdings Plc will be held on Friday, 14th July 2017 at 10:00 hours at Southern Sun Ridgeway Hotel, corner of Church Road and Independence Avenue, Lusaka, Zambia to transact the following business:

  1. To consider and adopt the Minutes of the 12th Annual General Meeting held on 19th April 2016.
  2. To receive and adopt the audited Financial Statements for the year ended 31 March 2016,
    together with the Reports of the Directors and the Auditors.
  3. To consider and adopt the recommendation to appoint Auditors for the year ended 31
    March 2017, and to authorise the Directors to fix their remuneration.
  4. To confirm the appointment of: Mr Fredson K Yamba, Mr Paul M Chanda, Mr Mateyo C
    Kaluba, and Mr Yollard Kachinda who were appointed Non-Executive Directors since the
    previous Annual General Meeting.
  5. To transact such other business as may properly be transacted at an Annual General
    Meeting.

A member entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and, on a poll, to vote in his/her stead. The proxy need not be a member of the Company.

The proxy form is available on the Company’s website: www.zccmnew.wpenginepowered.com
for those members who wish to be represented at the meeting.

The proxy form must be deposited at the office of the Company Secretary not less than 48 hours before the time appointed for holding the meeting.

By Order of the Board
Chabby Chabala
Company Secretary

Issued in Lusaka, Zambia on 12 June 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 12 June 2017

Related download

ZCCM-IH Proxy Form 13th AGM

Corporate Announcements

ZCCM-IH | Trading Statement

In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of the Company wishes to advise the Shareholders ofthe Company that the Earnings Per Share (“EPS”) for the year ended 31 March 2016 is expected to be approximately 195% lower than that for the year ended 31 March 2015.

The decline in earnings is mainly attributed to the underperformance of the mining sector resulting from the low global copper prices coupled with low production.

Shareholders are advised that the information contained in this Trading Statement has not been reviewed nor reported on by the external auditors of the Company.

The Company expects its results for the year ended 31 March 2016 to be released on SENS and published in the local press on or about 13 June 2017. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s Securities until publication of the results.

By order of the Board of Directors

Chabby Chabala
Company Secretary and Chief Corporate Services Officer
Issued in Lusaka, Zambia on 12 June, 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 12 June 2017

Corporate Announcements

ZCCM-IH | Cautionary announcement

Background

Shareholders of ZCCM Investment Holdings (“Shareholders”) (“ZCCM-IH”) will be aware that in February 2016, ZCCM undertook to subscribe for all shares not subscribed for by other Investrust Bank Plc (“Investrust”) shareholders in the Investrust Rights Offer (the “Rights Offer”). This resulted in ZCCM-IH’s shareholding in Investrust to increase from 10% to 48.6%. As a result, ZCCM-IH was required to proceed with a Mandatory Offer to all the other shareholders in Investrust in accordance with Rule 56 of the Third Schedule of the Securities
(Takeovers and Mergers) Rules, Statutory Instrument No 170 of 1993, (the “Takeovers Rules”), issued pursuant to the Securities Act, Chapter 354 of the Laws of Zambia (the “Securities Act”).

However, as provided for in the Takeovers Rules, ZCCM-IH opted to apply to the Securities and Exchange Commission (“SEC”) for a waiver to proceed with a Mandatory Offer which was granted by the SEC on 21 October 2016 on condition that ZCCM-IH will sell-down its shareholding in the Bank to below 35% by 21 October 2017.

Hitherto, ZCCM-IH has only managed to sell 3.2% and ZCCM-IH thus currently has a shareholding of 45.4% in the Bank.

Notification of Intention to Undertake a Mandatory Offer to Investrust Shareholders

ZCCM-IH has now resolved that it would immediately and prior to the expiration of the waiver period proceed to undertake a Mandatory Offer to all Minority Shareholders in Investrust and thus, on 18 May 2017, ZCCM-IH formally notified the Board of Investrust of its intentions to proceed with a Mandatory Offer to the Minority Shareholders of Investrust prior to the 21 October 2017 deadline.

ZCCM-IH is currently in discussions with Investrust on the process and timing of the Mandatory Offer and will provide further information once the discussions have been concluded.

Accordingly, and in the meantime, Shareholders are advised to exercise caution when dealing in the Company’s securities until a full announcement is made.

By Order of the Board
Chabby Chabala
Company Secretary

Issued in Lusaka, Zambia on 29 May 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 29 May 2017

Corporate Announcements

ZCCM-IH | Cautionary renewal

ZCCM Investments Holdings PLC (“ZCCM-IH”) Files a Notice of Arbitration against Kansanshi Holdings Limited and Kansanshi Mining PLC and Legal Proceedings against First Quantum Limited, FQM Finance Limited, Philip K.R. Pascall, Arthur Mathias Pascall, Clive Newall, Martin R. Rowley and Kansanshi Mining PLC.

On 26 October 2016, ZCCM-IH filed a Notice of Arbitration in London against Kansanshi Holdings Limited and Kansanshi Mining PLC. Further, on 28 October 2016 ZCCM-IH commenced Legal Proceedings in Lusaka against First Quantum Minerals Limited, FQM Finance Limited, Philip K.R. Pascall, Arthur Mathias Pascall, Clive Newall, Martin R. Rowley and Kansanshi Mining PLC for various Claims arising from transactions between Kansanshi Mining Plc and FQM Finance Limited.

Further to the Cautionary Announcement released by ZCCM-IH on 17 March, 2017 regarding these matters and in compliance with the requirements of the Securities Act No 41 of 2016 and the General Obligations of Disclosure under the Continuing Obligations of the Listings Requirements of the Lusaka Securities Exchange, shareholders are informed that the matters are yet to be determined. Shareholders will be updated as the cases progress.

Shareholders of ZCCM-IH are accordingly advised to exercise caution when dealing in securities of the Company until further information is published.

By Order of the Board

Chabby Chabala
Company Secretary

Issued in Lusaka, Zambia on 18 May 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 1 November 2016