Mwalin Investments Ltd

Company Description

Corporate BackgroundMwalin Investments Limited was incorporated as a private company in 2006 for the business of engineering and contracting with the mining industry. It succeeded in penetrating the market in January 2007. Upon incorporated, in addition to the share capital of ZMK 5, 000, 000, the company was given additional capital injection by the shareholder. This was in the form of fixed assets such as machinery, vehicles, furniture and tools. They also gave it cash for the purchase of stocks and materials to start the business. The total initial investment was ZMK 1, 3 billion. ..Buildings and Workshop machineryCurrently, the company is renting the industrial premises it is located on. It is however in the process of acquiring its own premises. This is to be done through a corporate acquisition of a competitor company.The company has invested heavily in the workshop machinery of modern technologies and standards. This is in order to increase its competitive edge.Market overview and operationsMwalin Investments Limited operates in the mining industry as a formidable engineer, trader and contractor. The main customers have been Mopani Copper Mines, Konkola Copper Mines, NFC Africa Mining and Kansanshi Mines.The company has had to use all possible marketing and sales strategies conceivable in order to penetrate the aggressive market. In the business of supply, every supplier, regardless of size is a competitor. In contracting and engineering business, some of the major competitors are Sandvik Mining and Construction Limited and Atlas Copco, Saloba Limited and Jung and Company.IntroductionMwalin Investments Limited is a Zambian company that is engaged in the business of engineering, contracting and trading. It was incorporated in August 2006. Itâs Head Office and workshops are located on Plot# 5169, Kanongesha Road in the heavy industrial area of Kitwe. There is a branch in Lusaka. The company is wholly owned by Zambians.Mission Statement and VisionIn all its business operations in line with the objectives, the company plays by the guidelines of voluntary compliance with the rules of Good Corporate Governance.Mission StatementâTo maximize the value and sustained growth of the company by commensurate rewards and recognition of all stakeholders in their rightsâThis is achieved through the following means:oOffering actualization and monetary rewards to employees and shareholdersoFair professional business dealings with all contact groups in the supply and demand segmentsoInvesting back some resources into the community through social support programsoRewarding any loan capital providers by honoring lending agreementsCompany VisionâTo become a leader in engineering, trading and contracting with both the mining and auxiliary mining business organizationsâObjectivesProvide a reliable, customer tailored and efficient serviceoEnsure customer satisfaction by provision of after sales support serviceoContribute to national development through taxes and social projectsoProvide equal employment opportunitiesoKeep in step with technological advancement.