The National Pension Scheme Authority (NAPSA) has received a ZMW79.4 million dividend from ZCCM Investments Holdings Plc (ZCCM-IH), reflecting its 15% equity stake in the company. This payout marks a significant boost to NAPSA’s investment portfolio and reinforces its capacity to deliver benefits to members.

Speaking during the dividend presentation ceremony, the Minister of Mines and Minerals Development, Hon. Paul Kabuswe, underscored the mining sector’s pivotal role in driving Zambia’s economic growth. He emphasized that strategic investments in mining are yielding tangible returns for institutions and the nation at large.

“This dividend is a powerful example of how the mining sector can directly contribute to national development as It shows that when we invest wisely, we create value not just for companies, but for the Zambian people, “he said.

Representing NAPSA Director General Mr. Muyangwa Muyangwa at the event, NAPSA Finance Manager Mr. Lekani Banda highlighted the strategic importance of the dividend. “This dividend is not just a financial return; it reflects strategic foresight, sound governance, and shared purpose. It strengthens our ability to deliver on our core mandate, paying benefits to our members efficiently and reliably,” he said.

Mr. Banda noted that the funds would support both immediate payouts such as partial withdrawals and lump sum payments and long-term reinvestment: “By partnering with institutions like ZCCM-IH, we ensure that pension funds are not idle reserves, but active instruments of national development.”

The dividend was presented during a ceremony commemorating ZCCM-IH’s 25th anniversary, where the company distributed a record ZMW529 million to its shareholders. ZCCM-IH Board Chairperson Mr. Phesto Musonda described the payout as a reflection of the company’s enduring value. “Today’s dividend, the largest in kwacha terms in ZCCM-IH’s history, is a testament to our quarter century of excellence, maximizing shareholder value and returns,” he said.

As NAPSA continues to grow its investment footprint, this dividend strengthens its ability to support livelihoods, expand its portfolio, and contribute meaningfully to Zambia’s economic development.