MANAGING DIRECTOR, OWEN SILAVWE, COMMENTED: “I am happy to note that the overall performance of the Company in 2021 was remarkable. This is on the back of our strategy to stabilise the business in the
In accordance with Section 3.4(b) of the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of the Copperbelt Energy Corporation Plc (“CEC” or “the Company”) hereby advises the Company’s shareholders that the Earnings
Note: LTIFR - Safety measure showing the man-hours achieved without a system based lost-time injury Cash Ops - Cash generated from Operations Net Cash - Cash and cash equivalents less debt Milestone achievement ISO
Disclaimer: The following transcript of the Q&A session made at the 23rd Annual General Meeting, held on 30 April 2021 may contain forward-looking statements and should not be used as a substitute for professional advice.
London Mwafulilwa: I now request the auditors to make their report to the meeting. I invite Mr. Andrew Chibuye of Messrs PricewaterhouseCoopers to make the presentation. Andrew Chibuye: Thank you very much. Our opinion is
Disclaimer: The following transcript of the proceedings at the 23rd Annual General Meeting, held on 30 April 2021 may contain forward-looking statements and should not be used as a substitute for professional advice. These forward-looking
Letter from the Chairman On the back of a challenging business environment compounded by unprecedented market developments which upset the norm and threatened business continuity, I am proud to report that the Company remained focused
Highlights Revenue: 9% down to USD370.9m (2019: USD408.3m) Adjusted EBITDA: 19% up to USD108.2m (2019: USD91.2m) M/H LTAs: 32% up to 8.275M man-hours (2019: 6.251m man-hours) Dividends: 10% up to USD34.1m (2019: USD30.9m) Cash costs:
Below are excerpts from the presentation by the Chief Executive Officer for Copperbelt Energy Corporation at the virtual AGM held on 30 September 2020: CEO's presentation at the virtual AGM Current business activities Power Sourcing
Below are excerpts from the presentation by the Chief Finance Officer for Copperbelt Energy Corporation at the virtual AGM held on 30 September 2020: CFO's presentation at the virtual AGM 2019 financial highlights REVENUE: USD402m,
Corporate Office:
2nd Floor, GreenCity,
Stand 2374 on Kelvin Siwale Road,
Off Thabo Mbeki Road, Lusaka, Zambia
Tel: +260 212 244956
Fax: +260 212 244040
Head Office:
23rd Avenue Nkana East,
P O Box 20819, Kitwe, Zambia
Tel: +260 212 244556
Fax: +260 212 242212
Corporate Office:
2nd Floor, GreenCity,
Stand 2374 on Kelvin Siwale Road,
Off Thabo Mbeki Road, Lusaka, Zambia
Tel: +260 211 244956
Fax: +260 212 244040
Head Office:
23rd Avenue Nkana East,
P O Box 20819, Kitwe, Zambia
Tel: +260 212 244556
Fax: +260 212 242212
