ZCCM Investments Holdings Plc is NOT “Zambia Consolidated Copper Mines Limited”.
ZCCM Investment Holdings PLC is an investments holdings company stemming from the then Zambia Consolidated Copper Mines limited (incorporated in 1982), a copper mining conglomerate that operated more than 10 mines. In 2000, Zambia Consolidated Copper Mines limited was privatized; its mines were unbundled and sold off as separate entities to the private sector.
In its place a new company - ZCCM Investments Holdings Plc - was formed, as an INVESTMENTS HOLDINGS COMPANY. In this new company, ZCCM is a name, it does not stand for anything as was the case previously.
ZCCM-IH is currently triple listed on 3 stock Exchanges: (Primary listing) the Lusaka Stock Exchange where it is the largest company by market capitalization and on the (Secondary Listing) London Stock Exchange and the Euronext (Paris – Marche Libre).
Government holds directly about 17.25% shares and its 60.28% shares is held through the Industrial development Corporation (IDC) in Zambia, with the remaining 22.47% held by institutional and private individual shareholders.
ZCCM-IH currently has an investment portfolio of 15 companies, including biggest mines such as Kansanshi Mining Plc, Mopani Copper Mines Plc and Konkola Copper Mines Plc. Its shareholdings in the 15 companies range from 10% to 100%, with commodities and services that are diversified in nature, including copper, gold, cobalt, coal and power, telecommunication, limestone, mining consultancy, financial services and gemstones.