ZCCM-IH has declared dividends of up to K65 Million to the Industrial Development Corporation (IDC) and the National Pension Scheme Authority (NAPSA).
ZCCM IH has presented a dividend cheque of approximately K50. 3 million to the Industrial Development Corporation (IDC).
Company Acting Chief Executive Officer Mabvuto Chipata has revealed that the organization made a profit of 843 million Kwacha after tax in 2018, a 16 percent increase from the 729 million kwacha recorded in 2017.
IDC chief executive officer Mateo Kaluba has told ZCCM IH to step up their efforts in ensuring that mining companies pay their dividends to them.
He says the poor performance by mining companies in declaring Dividends should stop.
Meanwhile, the National Pension Scheme Authority (NAPSA) has received a third dividend cheque of K14. 7 million from ZCCM IH.
NAPSA Director General Yollard Kachinda has disclosed that this brings the total amount of dividends the authority has received from ZCCM to K47 million since 2014.
Mr. Kachinda says the investment is going to benefit the over 15,700 people that look to the institution for their monthly pensions.
He was speaking at the cheque handover Ceremony at NAPSA offices in Lusaka today.
Speaking at the same event, ZCCM IH acting Chief Executive officer Mabvuto Chipata has reiterated that the organization has paid out dividends totaling 98.1 Million Kwacha with the final being of K0. 61 per share.

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