ZCCM-IH HAILS CEC’S LANDMARK $1 BILLION MARKET CAPITALISATION ON LUSE

ZCCM Investments Holdings Plc (ZCCM-IH) has joined in celebrating Copperbelt Energy Corporation Plc’s (CEC) historic achievement of reaching a market capitalisation of US$1 billion on the Lusaka Securities Exchange (LuSE).

As the single largest institutional shareholder in CEC, holding a 32.65% stake, ZCCM-IH described the milestone as a testament to CEC’s robust growth trajectory and the strong confidence investors continue to place in the company.

The symbolic LuSE bell-ringing ceremony—reserved for landmark achievements in the capital markets—was held during the CAMINEX 2025 exhibition in Kitwe. The event was officiated by Minister of Commerce, Trade and Industry Hon. Chipoka Mulenga and Minister of Mines and Minerals Development Hon. Paul Kabuswe. Also in attendance was the CEC Board, led by Chairperson Mr. London Mwafulilwa.

Speaking at the event, ZCCM-IH reaffirmed its commitment to strategic partnerships that drive national development, noting that CEC’s performance reinforces its vital role in powering Zambia’s industrial and economic landscape.