CKM NEWSLETTER 12-12-2022 – Copperbelt Katanga Mining

Shareholders of ZCCM Investments Holdings Plc (ZCCM-IH) have approved an K85.3 million dividend at K0.53 per share…

Shareholders of ZCCM Investments Holdings Plc (ZCCM-IH) have approved an K85.3 million dividend at K0.53 per share during the 18th Annual General Meeting held today virtually. This follows a Group profit of K2.1 billion (compared to K307 million in 2019)and a Company profit of K568 million (compared to K153 million in 2019) recorded for the 2020 financial year end. This represents 594% and 271% in … Read full details

The Swiss firm said it will pay the Democratic Republic of Congo $180 million to settle all alleged corruption claims…

Miner and commodities giant Glencore (LON: GLEN) said on Monday it will pay the Democratic Republic of Congo $180 million to settle all alleged corruption claims in the country between 2007 and 2018. The Swiss firm said the latest deal covers all activities that have been the subject of probes by the DRC’s National Financial Intelligence Unit and Ministry of Justice, and the United States Department… Read full details