ZCCM-IH and the Ministry of Finance and National Planning has incorporated the Zambia National Energy Corporation Limited (ZNEC), a special purpose vehicle, to undertake energy investments within the country. Company Secretary Charles Mjumphi says ZNEC will implement the Presidential Constituency Energy Initiative (PCEI), following Cabinet approval granted on November 24, 2025. According to a notice on the Lusaka Securities Exchange (LuSE), Friday, Mjumphi said ZNEC would work closely with relevant government institutions, financial institutions, independent power producers and private sector participants to attract capital, mitigate project risks and ensure efficient project delivery.
“ZCCM Investments Holdings Plc (ZCCM-IH or the Company) wishes to inform shareholders and the market that the Company, in association with Ministry of Finance and National Planning (MoFNP)… Do you agree that child defilers should be castrated?