ZCCM-IH brings water to 3 Sinda communities

SONG and dance characterised the handover of a borehole to the Reformed Church of Zambia (RCZ) Sinda congregation by the Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) recently. Even from afar the joy on the faces of the residents could be seen.

The church, which has a population of 5,000 congregants is surrounded by Mtendere, Tilitonse and Chamavu communities.

The three communities, have an estimated population of more than 10,000 people who are predominantly peasant farmers.

For some time now, access to clean and safe drinking water has been a challenge in the communities of the recently declared Sinda district and Mtendere, Chamavu and Tilitonse are not an exception.

The sources of water are mostly shallow wells which were usually shared between the people and animals and in most cases the water is contaminated, posing a huge health risk to the people.

As if that is not enough, the people here were used to walking a distance of about 2 kilometres to the nearest water point to get the commodity when most water sources nearby went dry.

“Our women woke up as early as 02:00 hours to go and queue up for water. In most cases, they came back with empty containers. This was very challenging as their lives were at risk. In addition to that, most marriages were at risk as men thought their wives were not faithful to them,” said Daniel Chamvu a resident of Mtendere community.

However, the situation is about to change as ZCCM-IH recently drilled a borehole in Mtendere community under its ‘Clean water for Zambia’ project aimed at improving access to clean and safe drinking water in many rural parts of the country.

The project which is valued at K500,000 will see 11 boreholes drilled in designated rural areas before the end of the year. So far, two out of the 11 boreholes have been drilled in Sinda.

The recently-drilled borehole will help in shortening distances that people covered in search of water.
And a resident of Chamavu community, Kawereka Banda expressed happiness at the gesture by ZCCM-IH and said the borehole will go a long way in improving the quality of life of the people of the three communities.

“Our children were not even able to go to school because of shortage of water. There was also a high number of cholera and diarrhoea cases in our communities. Now that we have water at our door step, the health of our people will improve, thereby promoting productivity, as they say a healthy community is a developed one,” he said with a smile.

Banda also said easy access to water will also spur the growth of agriculture in the area as people will not spend most of their time looking for water.

And Sinda district commissioner Rodgers Sakala said access to clean and safe drinking water is a necessary component in every country’s development.

Mr Sakala said it is the desire of the government that every household must have running water at its door step by the year 2030.

“As Government, we are alive to the many challenges that our people are facing as far as access to safe and clean drinking water is concerned. Water is very essential to the health and general well-being of our people. I am optimistic that our people here in Sinda will no longer walk long distances to access water,” Mr Sakala said.
He appealed to the people of Sinda to guard the facility jealously in order to enable other residents of the surrounding communities benefit from the borehole.

And ZCCM-IH executive director Dr Pius Kasolo said his company, in partnership with Government is committed to improving the quality of life for all Zambians by ensuring that challenges of shortage of water becomes a thing of the past.

He pledged ZCCM-IH’s continued support to programmes aimed at taking clean and safe drinking water close to the people.

“Water is life and without it life becomes difficult, government in partnership with ZCCM-IH is committed to ensuring that all Zambians have easy access to water. Once people have clean water they will have healthy and productive lives,” He said.

And another resident of Tilitonse community Elina Phiri said the gesture by ZCCM-IH has given a sigh of relief to the women of Sinda district.

She said the borehole could not have come at a better time than now when access to water has become increasingly challenging for most communities.

It is, therefore, the responsibility and duty of every resident of the three communities to guard the facility jealously so that it sustains their livelihood in the long run.


Source: Daily Mail

UNZA students win mining awards

UNIVERSITY of Zambia fourth year student Absalom Tembo has scooped the 2015/2016 Konkola Copper Mines Plc prize for the overall final year student in the School of Mines. During the School of Mines Student award-giving ceremony held on Friday at UNZA veterinary lecture theatre, James Chulombo won the Konkola Copper Mines Plc prize for the best graduating student in Geology while Katongo Kangwa came out as the best graduating student in Mining Engineering.

Absalom Tembo again got the award for the best graduating student in Metallurgy and Mineral Processing and Parson Banda won the Mopani Copper Mines prize for the best final year project in Geology.

The best final year project in Mining Engineering award sponsored by Mopani Copper Mines went to Brighton Samatemba while Kennedy Chansa was awarded the best project final year project in Metallurgy and Mineral Processing.


Source: Daily Mail

ZCCM-IH 2016 financial results delayed

THE release of audited statements of accounts for the year ended 31st March, 2016 for ZCCM-IH has been delayed due to lack of information required for consolidation of the financials, says company secretary Chabby Chabala.

Mr Chabala said the company experienced delays in information collection from a number of investee companies within the ZCCM-IH portfolio.

He explained that the information required for consolidation of the financial statements was lacking, hence the delay in the issuance of the audited results.

“The required information has now been obtained and the company is in the process of finalising the audit of the said financial statements. This is targeted to be done by 31 October 2016.

“Arising from this delay, the company has prepared provisional annual financial statements for the year ended 31st March, 2016 as required by the LuSE listing rules,” he said.

He, however, said the issuance of the provisional financial statements awaited board approval once a quorate board was appointed.

Mr Chabala said the company expected that the appointment of new directors would be done by 30th September, 2016.
“Accordingly, shareholders are advised to exercise caution when dealing in ZCCM-IH securities until the full year results are published,” he said.

He also said the board of ZCCM-IH currently consisted of two directors following the expiry of membership of the five directors at the end of July, 2016.

“The company now expects that the appointment of new directors shall be done by 30th September, 2016. Accordingly, shareholders are advised to exercise caution when dealing in ZCCM-IH securities until the company has a quorate board,” he said.


Source: Zambia Daily Nation

ZCCM-IH | Cautionary Announcement

The Management of ZCCM Investment Holdings PLC (ZCCM-IH) wishes to advise the Company’s Shareholders that the issuance of the audited Annual Financial Statements for the year ended 31st March, 2016 has been delayed due to the following reason:-

– ZCCM-IH experienced delays in information collection from a number of investee companies within the ZCCM-IH portfolio. The information is required for consolidation of the financial statements.

The required information has now been obtained and the Company is in the process of finalizing the audit of the said Financial Statements. This is targeted to be done by 31 October 2016.

Arising from this delay, the Company has prepared provisional annual financial statements for the year ended 31 March 2016 as required by the LuSE Listing Rules. However, the issuance of the provisional financial statements awaits Board approval once a quorate Board is appointed. The Company expects that the appointment of new Directors will be done by 30th September 2016.

Accordingly, shareholders are advised to exercise caution when dealing in ZCCM-IH securities until the full year results are published.

C Chabala
Company Secretary
Issued in Lusaka, Zambia on 15 September 2016

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 15 September 2016

Cautionary update on change in Directorate of the Board of ZCCM-IH

Further to the notice of change of Directorate that ZCCM-IH issued on 18 August 2016, the Company wishes to advise its shareholders that, the Board of ZCCM-IH currently consists of two Directors following the expiry of membership of the five Directors at the end of July 2016.

The Company now expects that the appointment of new Directors shall be done by 30th September 2016.

Accordingly, shareholders are advised to exercise caution when dealing in ZCCM-IH securities until the company has a quorate board.

C Chabala
Company Secretary
Issued in Lusaka, Zambia on 15 September 2016

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 15 September 2016

ZCCM | Advert for a Temporary Procurement Officer – 6 months duration

ZCCM Investments Holdings Plc is an investments holding company which has a primary listing on the Lusaka Stock Exchange and secondary listings on the London and Euronext (Paris) Stock Exchanges under ISIN number ZM0000000037. The Company has majority of its investments held in the copper mining sector of Zambia.

ZCCM-IH’s majority shareholders are 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 Client therefore seeks the services of an experienced Procurement Officer with the following expertise/skills.

1.0    JOB QUALIFICATION REQUIREMENTS:

  1. MCIPS or any Degree qualification;
  2. 3-4 years post qualifying experience in public procurement;
  3. Member of ZIPS;
  4. Strong working knowledge of public sector procurement processes;
  5. Significant experience of supplier relationship management; and
  6. A good up to date theoretical and practical understanding of procurement process including tendering, evaluation, negotiation and contract management.

2.0   RESPONSIBILITIES/MAIN DUTIES:

  1. Plan and manage all activities involved in sourcing, procurement, conversion, and logistics of goods, works services are done within the approved ZCCM-IH budget.
  2. Receive, record, efficiently and effectively review TORs, scope of work and specifications submitted.
  3. Plan, development/preparation of Bids/tenders/inquiry and Request for proposal (RFP) to ensure adherence to the approved procurement plan and ZPPA standard solicitation documents.
  4. Initiate and maintain records of all correspondences between procurement and clients.
  5. Ensure the procedures for receiving bids/RFP and preparation of minutes of the proceedings for bids/IEO/RFP opening is adhered to.
  6. Plan, prepare procurement papers, Local purchase orders, draft contracts and subject them to respective approvals as outlined in the ZPPA guidelines and against approved budget.
  7. Review submitted documents to facilitate payments to suppliers, Contractors and Consultants for Finance to pay.
  8. Prepare both weekly and monthly management reports and circulate to Head of Procurement.
  9. Assist Contract Managers in the execution of the contract based on the guidelines/procedures.
  10. Filing and record keeping.
  11. Keep abreast of all developments in area of specialization in order to continue to provide services to the highest ethical and professional standards.

3.0   COMPUTER LITERACY:

  1. Word;
  2. Excel

Applicants who meet the requirements listed above should submit their detailed Curriculum Vitae, certified copies of Academic and professional Certificates to the address below not later than Thursday 15th September 2016.

The A/Human Resource Manager
ZCCM Investments Holdings Plc
Mukuba Pension House | 5309 Dedan Kimathi Road
P.O. Box 30048 | Lusaka | Zambia
E-mail: bandap@zccmnew.wpenginepowered.com

ZCCM Investments Holdings Plc Interacts with Japanese Companies in the Power Sector at the just ended TICAD SUMMIT

ZCCM Investments Holdings Plc (ZCCM-IH) invited by the Zambia Development Agency (ZDA) to be part of the Zambian delegation, attended the 6th Tokyo International Conference for African Development (TICAD) Summit held in Nairobi, Kenya from 26th to 28th August 2016.

During the Summit, ZCCM-IH represented by the Chief Executive Officer Dr Pius Kasolo and Portfolio Analyst Tapiwa Msusa, made interactions with Japanese companies involved the power sector.

Sumitomo Corporation was one of the Companies that held talks with ZCCM-IH in a bid to forge future relationships regarding investments in the power sector in Zambia.

The Summit was opened by President Uhuru Kenyatta of Kenya. In his speech, Mr Kenyatta underlined that Africa has benefited a great deal from Japan’s grants, loans and technical co-operation in several sectors such as education, infrastructure and agriculture, across the continent.

He also pointed out that current Japanese Official Development Assistance in Africa which currently stands at US$ 32 billion, is a substantial contribution to the continent’s development.

The President of the African Development Bank, Dr. Akinwumi Adesina, cited that Africa no longer required so much of ‘aid’ but was now ripe for investment.

During the summit, the ZDA signed memorandums of understanding (MOUs) with Mizuho Financial Group (MHFG) of Japan and Kenya Investment (KenInvest) of Kenya with the aim of promoting investment co-operation and identifying suitable investment opportunities, and enhance trade opportunities and information exchange, respectively.

ZCCM-IH’s Dr. Kasolo was privileged to witness the signing ceremonies alongside The Permanent Secretary in the Ministry of Commerce, Trade and Industry, Mrs Kayula Siame.

Further, the Industrial Development Corporation (IDC) which owns 60.28% shares of ZCCM-IH also signed a memorandum of understanding with Marubeni Corporation of Japan.

The MOU is aimed at the rehabilitation of Mulungushi Textiles Limited in Kabwe, which was recently commissioned by Zambia’s President, Mr. Edgar Chagwa Lungu.

It is the first time that the 6th TICAD summit is held on the African continent. It attracted just over 35 Heads of State, mostly from Africa, along with the Japanese Prime Minister, Mr. Shinzo Abe. Over 90 Japanese companies were in attendance.

Other African countries present included South Africa, Djibouti, Guinea, Zimbabwe, Somalia, Ivory Coast, Uganda, Mozambique and Togo amongst others.

The TICAD Summit offers a platform for African and Japanese business leaders to interact and share business ideas on the premise that the private sector and its collective entrepreneurial mind-set will be key to delivering economic transformation on the African continent.

The goal of such an event is to promote the formation of co-operative partnerships between Japanese and African businesses, with both parties seeking to drive industrialization and diversification on the African continent.

ZCCM-IH | Notice of Best Evaluated Bidder – Trinity Park Office Partitioning – Contract No. ZCCM-IH/030/2016

The Bidder named below has been evaluated as the best bidder for the procurement requirement detailed below. In accordance with the requirement of clause 121 of the Public Procurement Regulations, 2011, it is the intention of ZCCM Investments Holdings Plc (ZCCM-IH), the procuring entity, to award the contract to the bidder named after ten (10) working days from the display given below.

Procurement Reference Number ZCCM-IH/030/2016
Procurement Description Office Partitioning at Trinity Park Office Complex, Mass Media Area, Alick Nkhata Road, Lusaka
Method of Procurement Open National Bidding
Names and Addresses of Best Evaluated Bidder BL Consulting and Construction Limited
Plot No. 10, 817 Mubanga Road
Chelston
Lusaka, Zambia
Proposed Contract Price ZMW3,625,832.53
This amount is inclusive of Value Added Tax
Date of Display 23rd August 2016
Date of Removal 6th September 2016

The display of the notice does not constitute an award of the contract to the Bidder mentioned above.

Bid acceptance and contract placement shall be in accordance with the Public Procurement Regulations. Bidders have the right to appeal, in accordance with the Public Procurement Regulations, 2011, within ten (10) working days from the date of publication of this notice…


Related download

Correction to the Notice of the best evaluated bidder

ZCCM-IH | Notice of change of Directorate

In compliance with the requirements of the Listing Rules of the Lusaka Securities Exchange, ZCCM Investments Holdings Plc (ZCCM-IH) announces a change in its Board membership.

The Company, on behalf of its majority shareholder, the Industrial Development Corporation Limited, wishes to announce that the membership of the following Directors expired from the ZCCM-IH Board with effect from 27 July 2016:

Mr C K Mwananshiku – Non Executive Director
Ms S M Mutemba – Non Executive Director
Dr B K Ng’andu – Non Executive Director
Mr P M Chanda – Non Executive Director
Mrs P C Kabamba – Non Executive Director

 
The Company thanks the named Directors for the service rendered to ZCCM-IH and wishes them the best in their future endeavours.

The new directors are expected to be appointed on or before 31 August 2016.

Company announcement issued by

Chabby Chabala
Company Secretary
Issued in Lusaka, Zambia on 18 August 2016


Download the full notice below:

ZCCM-IH launches its “Clean Water for Zambia” Corporate Social Responsibility Project

“Chingobe Village receives borehole for the first time since 1964”

The ZCCM Investments Holdings Plc (ZCCM-IH) in this financial year (2016-2017) has planned to undertake a project dubbed “Clean Water for Zambia”, where it will focus on sinking 10 boreholes, as its core sustainable social investment.

borehole and treadle pumps launch

This project was officially launched on Friday, 05 August 2016, in Chingobe Village, situated 60 kilometers from Sinda District Boma. The village with over 240 residents, and surrounded by 3 other villages, has had no access to clean water since 1964. Women and children, have been going to fetch for clean water from as early as 04:00 hours in the morning, from a hand dug well situated 3 kilometers away. The residents have also been using a nearby well, which was also hand dug, however, the water has not been fit for human consumption.

Headman Chingobe for the village stated that waterborne diseases have been recurrent amongst his people, and that the new borehole, will certainly help reduce cases of these diseases.

Speaking during the launch and handover ceremony of the borehole, ZCCM-IH Chief Executive Officer, Dr. Pius Kasolo said that this project is one way of ZCCM-IH ploughing back to society by sinking a number of boreholes in remote areas of the country with little or no access to clean and safe water such as Chingobe Village. “Chingobe Village is the first to receive this borehole, and we will spread the remaining 9 boreholes to other parts of the country”, said Dr. Kasolo.

He further reiterated that ZCCM-IH coupled with the “Clean Water for Zambia” project will help transform society’s livelihoods by encouraging horticulture farming at small scale by providing irrigation treadle pumps in areas where boreholes will be sunk. Families already into this enterprise with be given a boost, instead of using buckets for watering, they will use treadle pumps which will help increase their productivity. In executing this project, ZCCM-IH is working with NGOs who are currently on the ground working with various horticultural communities. These NGOs are Kickstart (Zambia) (the makers and promoters of the treadle pumps) and Profit+ (who will offer training to the selected potential farmers).

In this regard, 10 women clubs representing more than 280 horticulture farmers received irrigation treadle pumps. In order to make this project sustainable, Profit+ also received 5 treadle pumps which will be given to five lead farmers, who will help train the 10 clubs. Apart from this, the organization will guide these farmers to grow horticultural products that are on demand on the market such as red onion, which is currently being imported. Profit+ will also help in linking these farmers to off-takers on the market. The farmers thanked ZCCM-IH for the noble gesture, stating that the treadle pumps would go a long way in changing their livelihoods.

Eastern Province Permanent Secretary, Chanda Kasolo expressed gratitude to ZCCM-IH for sinking of a borehole and donating the 25 money maker irrigation treadle pumps. Mr Kasolo said all these efforts would go a long way in changing the lives of communities in a sustainable manner.