December 28, 2019

IDC Restructures Times Printpak

 Press Release FOR IMMEDIATE RELEASE IDC Restructures Times Printpak Lusaka, 28thDecember 2019 – The Industrial Development Corporation (IDC) has dissolved the Times Printpak Board of Directors […]
December 23, 2019

Senior Chief Kanongesha Pledges to Support IDC’s Fruit Processing Project

Senior Chief Kanongesha of Mwinilunga says he is happy that the IDC was implementing a project that would change the face of the district through the […]
December 18, 2019

IDC Signs Shareholder Agreement with INDO Zambia Bank

IDC Group CEO Mr Mateyo Kaluba has expressed confidence that the Shareholder’s agreement signed today between the IDC, Bank of Baroda, Bank of India and Central […]
July 29, 2019


FOR IMMEDIATE RELEASE Lusaka, 29th July 2019 – Zamtel’s shareholder, the Industrial Development Corporation (IDC) has commended the national network provider for crossing the three million […]
June 14, 2019

Indeni declares K31 million dividend to IDC

INDENI Petroleum Refinery Company has declared K31million dividend to its shareholder the Industrial Development Corporation (IDC). This is the fifth dividend payment Indeni has made since […]
May 29, 2019

Scaling Solar

We did it! “Diversifying Zambia’s Energy Mix” FACT: First Scaling Solar project (a World Bank Group program) to be commissioned in Africa. 54 MW –  first large […]
May 29, 2019

Zambia Airways Board Appoints CEO

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 […]
May 29, 2019

IDC Appoints Zambia Airways Board

IDC APPOINTS ZAMBIA AIRWAYS BOARD MEMBERS Lusaka, 28th December 2018 – The Industrial Development Corporation (IDC) Group Chief Executive Officer, Mr. Mateyo Kaluba, has today announced […]
May 29, 2019

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), […]