Company Overview

We have deep industry knowledge in Copper mining spanning over 50 years

About Us

ZCCM Investments Holdings PLC is a premier diversified mining investments and operations company with a primary listing under ISIN number ZM0000000037 on the Lusaka Securities Exchange in Zambia, and secondary listings on the London Stock Exchange and the Euronext Access Exchange in Paris

Our Values

Spirit of service
Learning & Growth
Respect Self, Other, Authority
To be Zambia’s leading diversified investment company
To be a transformative company with an investment agenda that benefits all our stakeholders

Our Business Model

Our Portfolio

ZCCM-IH occupies a very unique and strategically advantageous position as an investment holding company, as it holds key minority interests across mining and energy industries in Zambia. It also has significant investments in diversified energy entities, gemstones, real estate and financial services.

Currently, ZCCM-IH’s portfolio consists of five wholly owned subsidiaries and fifteen investee companies.

In our 2018-2023 Strategic plan, ZCCM-IH has prioritised the generation of consistent and predictable income through investments in brownfield and Greenfield projects; and ensuring value is extracted from existing legacy and post legacy portfolio companies through driving efficiencies and participation in primarily the mine supply value chain.


Commodity diversification is aimed at tapping into new sources of consistent and stable income within mining and mining related sectors, while reducing the risk profile of our Portfolio. This is in an effort to deliver compelling long-term returns and to continue to maximize shareholder value. New investments to drive diversification will focus in key sectors and businesses which include mining supply chain, energy, value addition, manufacturing, precious metals, among others. ZCCM-IH is actively seeking strategic partnerships to develop and exploit opportunities in these sectors to achieve above-market returns

Our Activities

The Company’s other activities include:

Developing and implementing investment strategies, and aligning company operations towards maximizing of shareholder value.
Group oversight and monitoring of investee companies to ensure reasonable dividends are declared consistently.
Ensuring effective representation on the boards of the investee companies;
Establishing and securing joint venture partnerships for projects assessed to be viable; and
Promoting Zambian ownership and management in mining assets.

Our Strategic Focus

The ZCCM-IH 2018-2023 Strategic Plan provides the thrust for ZCCM-IH to achieve its full potential in returning value to its shareholders both from the existing portfolio and new investments. For this period, we have focused on putting in place strategic internal income generating ventures that will continue to drive the business to profitability and returns across the portfolio of assets. Drawing from this, ZCCM-IH’s key strategic focus areas are:

Strategic Focus Area 1:Extract value from current portfolio.
Strategic Focus Area 2: Portfolio diversification.
Strategic Focus Area 3: Financial Excellence.
Strategic Focus Area 4: Organisation Development and cultural transformation.
Strategic Focus Area 5: Extinguish environmental liabilities.

Understanding ZCCM-IH’s Shareholding Structure

The authorised share capital of the Company is K2,000,000 divided as follows:

120,000,000 “A” Ordinary Shares of K 0.01 each
80,000,000 “B” Ordinary Shares of K 0.01 each

The total issued number of shares is 160,800,286 which is distributed as indicated in the table below (as at 31st March 2016):

  • IDC
  • GRZ
  • Minorities
ShareholderClass of SharesShareholding
Industrial Development Corporation (IDC)A96,926,669 (60.28%)
Government of the Republic of Zambia (GRZ)B27,735,173 (17.25%)
National Pension Scheme Authority (NAPSA)B24,120,043 (15.00%)
Minority ShareholdersB12,018,401 (7.47%)
Total160,800,286 (100.00%)
  • IDC
  • GRZ
  • Minorities
ShareholderClass of SharesShareholding
Industrial Development Corporation (IDC)A96,926,669 (60.28%)
Government of the Republic of Zambia (GRZ)B27,735,173 (17.25%)
National Pension Scheme Authority (NAPSA)B24,120,043 (15.00%)
Minority ShareholdersB12,018,401 (7.47%)
Total160,800,286 (100.00%)

Our Journey Thus Far

ZCCM-IH has a rich and varied history spanning more than 50 years before Zambia’s Independence in entities that preceded it but which have helped shape its current form. As the successor company to Zambia Consolidated Copper Mines Ltd (ZCCM Ltd), which itself was created from the merger of NCCM and RCM in 1982, ZCCM-IH’s story is the story of Zambia’s Mining Industry and much much more. Below is a summary of this journey.

Our Timeline


1997 Oct – Luanshya and Baluba mines sale conclusion

Conclusion of the sale of the Luanshya and Baluba mines to the Binani Group of India.

1997 Dec – Consultative Group meeting

The Consultative Group meeting with donors to renew balance of payments support is postponed, ostensibly because of governance issues, but also because of the failure to conclude the privatisation of ZCCM.

1996 May to Jun – Privatization plan approval

ZCCM privatization plan approved by both the Zambian Government and the ZCCM board.

1996 Apr – Rothschilds report recommendation

The Rothschilds report recommends the unbundling of ZCCM into ten principal sale packages to be privatized through international competitive tender. The Government is to retain a ‘golden share’ – typically 15 percent – in the successor companies which it has the option to sell to Zambian and other investors at..Read More

1995 Jan – Privatisation announcement

An announcement is made in the budget speech that ZCCM is to be privatized within two years

Zambia: An Advantageous Investment Destination: Second Largest Producer of Copper in Africa

The Republic of Zambia is a landlocked country in Southern Africa, neighbouring the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique, Zimbabwe, Botswana and Namibia to the south, and Angola to the west. The capital city is Lusaka, in the south-central part of Zambia. The population is concentrated mainly around Lusaka in the south and the Copperbelt Province to the northwest, the core economic hubs of the country.

On 24 October 1964, Zambia became independent of the United Kingdom and Prime Minister Kenneth Kaunda became the inaugural president.

World Banks, 2020 Ease of Doing Business Report rates Zambia as one of the top 10 best performers in Africa, ranking 7th in Africa, 5th in Sub-Saharan Africa in 2019. The Common Market for Eastern and Southern Africa (COMESA) is headquartered in Lusaka.

Total area752,618 sq km
Water9,220 sq km
Land743,398 sq km
Population16,212,000 (2015 est.) | 13,092,666 (2010 census)
GDP (nominal)$74.014 billion (2016 estimate)
GDP per capita (nominal)$4,616
CurrencyZambian Kwacha (ZMW)
Time zoneCAT (UTC+2)
International dialing code+260