ZANACO INCREASES DIVIDENDS BY 16%

Zanaco has increased its dividend declaration to shareholders by 16% for the 2022 financial year, Board Chairman Mr. Patrick Wanjelani has announced, following the bank’s 53rd Annual General Meeting. Last year, Zanaco, which is owned 24.8% by IDC, declared a total dividend of K364 million to its shareholders.Mr Wanjelani said 2022 was another great year for […]

KAGEM DOES IT AGAIN!

Kagem Mining Plc has declared a dividend of US$5 million to the Industrial Development Corporation (IDC) on the back of strong performance in the 2022 financial year. The dividend, which was announced at the Annual General Meeting that was held in Lusaka earlier today, represents a significant increase from the dividend of US$1.5million declared last year. Speaking […]

ZAMBIA AIRWAYS CONNECTS ZIMBABWE

Makadii Zimbabwe! IDC is excited that Zambia Airways, “The new wings of Africa” has introduced a new regional route connecting Lusaka and Harare.As Zambia implements the land-linked agenda, we are confident that this regional flight will reduce the cost of travel between Zambia and Zimbabwe and firmly position Zambia as a regional aviation and logistics hub. It […]