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July 29, 2019

IDC COMMENDS ZAMTEL FOR CROSSING THREE MILLION SUBSCRIBER BASE.

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), […]
April 29, 2019

Indo-Zambia Bank declares K24 million dividend to shareholder – IDC

Indo-Zambia Bank, has declared K24 million dividend to its shareholder the IDC for the financial year ended 31st December 2018. Speaking during a media brief before […]
October 30, 2018

IDC Board has approved an investment of $850 million into rail infrastructure and rolling stock for Zambia Railways Limited (ZRL).

The Industrial Development Corporation (IDC) Board has approved an investment of $850 million into rail infrastructure and rolling stock for Zambia Railways Limited (ZRL). IDC Group […]
October 1, 2018

President Lungu urges IDC to accelerate solar power projects

President Edgar Lungu has directed the Industrial Development Corporation (IDC) to accelerate all other solar projects which are in the pipeline. Speaking on Monday when he […]