IDC CEO CHECKS ON PROGRESS OF FIGTREE FRUIT PROCESSING PLANT CONSTRUCTION
ndustrial Development Corporation (IDC) CEO Mr Perry Mapani has visited the construction site of the Figtree Fruit Processing Factory, a greenfield project of the Industrial Development Corporation (IDC). The aim of his tour was to familiarize himself with the progress of the construction of the factory, which is located in Chisamba. Once completed, the factory will […]
OUR FIRST HARVEST
Mununshi Fruit Company, which is wholly owned by the IDC has started to harvest its first banana fruits from the estate. The company expects to harvest 1,425 tonnes of bananas from 47,500 plants, grown on 30ha. The greenfield project which is in line with the IDC’s mandate to spur rural industrialisation with the aim of […]
IDC INJECTS K684 MILLION INTO NCZ TO BOOST ITS PERFORMANCE
IDC INJECTS K684 MILLION INTO NCZ TO BOOST ITS PERFORMANCE The Industrial Development Corporation (IDC) has given its subsidiary Nitrogen Chemicals of Zambia (NCZ) working capital of K684 million to help the company boost its production capacity. IDC Group CEO Mr Mateyo Kaluba said of the total amount, K638 million was working capital support for […]
PARASTATAL PERFORMANCE BETTER UNDER IDC, SAYS HON DAKA
Chairperson of the Parliamentary Committee on Parastatal Bodies, Hon Peter Daka, has reiterated the need for companies in the Industrial Development Corporation (IDC) to continue the transformation journey towards sustainable profitability. Hon Daka, who is also Msanzala Constituency Member of Parliament, said there was marked improvement in the performance of parastatal bodies since they were […]
Kalene Hills Fruit Company & Eastern Tropical Fruit Company Commence Recruitment
Apply for your job today! Kalene Hills Fruit Company and Eastern Tropical Fruits, subsidiaries of the Industrial Development Corporation (IDC), are fruit and vegetable processing businesses located in Mwinilunga and Katete respectively. The plants are currently under construction and expected to commence operations in the fourth quarter of 2020. Suitably qualified and experienced persons are […]