Zambia Airways Board Appoints CEO


Press Release



Lusaka, 7thFebruary 2019 - The Board of Directors of Zambia Airways (2014) Limited held their inaugural Board meeting today, 7thFebruary 2019, where decisions relating to the commencement of the Airline were made including the appointment of Mr. Bruk Endeshaw Abebe, as the Chief Executive Officer of Zambia Airways. 

IDC Appoints Zambia Airways Board

Lusaka, 28th December 2018 – The Industrial Development Corporation (IDC) Group Chief Executive Officer, Mr. Mateyo Kaluba, has today announced the appointment of members of the Board of Directors of Zambia Airways. The appointment of the board is with immediate effect.
Those appointed include:

Joint statement at the signing of the Shareholders Agreement between the Industrial Development Corporation and Ethiopian Airlines for the establishment of Zambia Airways

We, the Group Chief Executive Officer of the Industrial Development Corporation (IDC), Mr. Mateyo C. Kaluba, and the Group Chief Executive Officer of Ethiopian Airlines (ET), Mr. Tewolde Gebremariam, held a signing ceremony on 19th August 2018 in Lusaka to mark our agreement as Shareholders of Zambia Airways.

Tender For The Supply And Delivery Of Various Toner Cartridges On One Year Rate Contract

The Industrial Development Corporation (IDC) has set aside some funds toward the cost of the supply and delivery of various toner cartridges, and it intends to apply part of the proceeds of this financing to payments under the agreement(s) resulting from this IFB: Tender for the Supply and Delivery of Various Toner Cartridges on One Year Rate Contract

IDC now invites sealed bids from interested Bidders for the supply and delivery various toner cartridges on one-year rate contract.

First ‘Scaling Solar’ Auctions in Zambia Yield Record Low Tariffs amid Electricity Shortages

The 6.02¢/kWh tariff makes the projects the lowest-cost solar power in sub-Saharan Africa to date

Lusaka – Zambia’s Industrial Development Corporation (IDC) opened bids on May 27 from seven leading renewable energy developers seeking to build large-scale solar power plants in the southern African country where power shortages are acute. The bid tariffs have ranged from 6.02 US cents / kWh to 10.6¢ / kWh at the low end, which would make the projects the lowest-cost solar power in sub-Saharan Africa to date.