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Em-three Investment Holdings — Halfway House — Gauteng
The company, ZCCM, was formed by a gradual process of nationalization and corporate concatenation which began in January ; the process is more completely described in the article Economy of Zambia. However, foreign-owned banks such as Barclays , Standard Chartered and Grindlays successfully resisted takeover. The management contracts under which day-to-day operations of the mines had been carried out by Anglo American and RST were ended in However, after nationalisation, copper prices started declining, oil prices increased and the effects of using the mining industry as a cash cow started showing. Copper production in Zambia plummeted — from its peak of , tonnes , short tons in to , tonnes , short tons in
Previous company names
Honiton Energy Xilinguole Co. Unitrans Finance Proprietary Limited. Barclays International Investments Malta Limited. Barclays Aegis Investments S. Netsys International Proprietary Limited. Walbrook Corporate Services Guernsey Limited. Barclays Nominees Monument Limited. Somerset West Autopark Proprietary Limited.
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