ZCCM-IH to make difficult decisions – Board
By BUUMBA CHIMBULU
ZCCM-IH will need to make courageous and difficult decisions in ensuring the success of the company and its investee portfolio, according to the company Board Chairperson, Dolika Banda.
Ms Banda stated that the current ZCCM-IH strategy seeks to achieve the company vision in two years which was informed by ambition that was focused, innovative, agile, and adaptable to the changing environment.
ZCCM-IH, she emphasised in her New Year message to shareholders, would continue to adapt to industry dynamics.
“Our stance will entail a commitment to leading a company that upholds the highest institutional standards regarding environmental, social and governance principles including transparency and accountability.
“We as the Board, will along the way need to make courageous and difficult decisions in ensuring the success of ZCCM-IH and its investee portfolio. I believe that this is a common goal that we share with all our staff, shareholders, and stakeholders,” Ms Banda said.
She said top of ZCCM-IH’s investment agenda of creating and maximising economic transformation across the mining value chain, commodity diversification in the core sectors; and generating predictable and consistent revenue streams in a sustainable manner would remain.
This investment agenda, Ms Banda said, would actively aim to deliver economic and social returns to its host communities and value to its shareholders.
She acknowledged that the advent of the Covid-19 further exacerbated business disruptions bringing about dislocations that demanded a shift in the way business was conducted.
“The combination of a conducive and enabling business environment set by the Government, an opposite ZCCM-IH six-year strategic plan to 2026, and the augmentation of the ZCCM-IH board, leaves me feeling optimistic about the heights to which we can take this internationally owned Company.
“Along with all the new hope and promise that a new year brings, I hope it also brings us a lot more opportunities to work together to reposition ZCCM-IH as a best-in-class global player in the mining industry,” Ms Banda said.
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