Medical Stores Limited to Separate from IDC

Medical Stores Limited is set to separate from the Industrial Development Corporation (IDC) and will be transformed into the Zambia Medicines and Medical Supplies Agency. IDC Group CEO Mr Mateyo Kaluba said the IDC was created with a mandate to supervise commercially oriented State-owned Enterprises to make them profitable and sustainable, and to increase value […]
The Industrial Development Corporation (IDC) is Recruiting
Apply for your job today! The Industrial Development Corporation (IDC) is looking to add to its vibrant and dynamic team. Suitably qualified and experienced persons are hereby invited to apply for the following positions: Senior Risk Officer Senior Internal Auditor Senior Finance Officer Senior Procurement Officer Stores Officer Legal Counsel Legal Clerk Personal Assistant – […]
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 2015 following implementation of strategic reforms guided by the IDC that has resulted in the Refinery to becoming the overall best performing enterprise within the IDC Group. Receiving the […]
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 the cheque handover, Indo- Zambia Bank Chairperson, Mrs. Orlean Moyo disclosed, the bank recorded 37.9% growth in operating profit from K182m (2017) to K251m (2018) with net profit recording […]