ZAMBIA CHINA MULUNGUSHI TEXTILES IN KABWE GAME CHANGER FOR COTTON FARMERS
Minister of Commerce, Trade and Industry, Hon. Chipoka Mulenga this afternoon received the first batch of containers of manufacturing equipment that will lead to operationalization of the defunct Mulungushi Textiles now Zambia China Mulungushi Textiles (ZCMT) in Kabwe.Speaking during the event, Hon. Mulenga called on farmers in Central Province and surrounding areas to grow more […]
IDC UNVEILS MUNUNSHI FRUIT COMPANY BOARD
Industrial Development Corporation (IDC) CEO Mr. Cornwell Muleya has inaugurated the Board of Directors for Mununshi Fruit Company Limited, continuing with the Corporation’s commitment to its reform agenda across all subsidiaries.During the inauguration, Mr. Muleya emphasized the crucial role the Board is expected to play in creating an ecosystem of economic activities within Mwense District […]
Fake News
This is fake news. IDC has no such plans. To the contrary IDC is working towards investing in two Hotels to complement the Conference Centre. Furthermore, IDC has just completed the refurbishment of Mukuba Hotel and Mulungushi Village Complex. Namakau MukelabaiIDC Head Corporate Communication
LS-MFEZ DECLARES THIRD CONSECUTIVE DIVIDEND TO IDC
Industrial Development Corporation (IDC) has congratulated the Lusaka South Multi Facility Economic Zone Limited (LS-MFEZ) for declaring a third consecutive dividend to the Corporation for the 2023 financial year.Speaking on behalf of IDC Chief Executive Officer during the handover ceremony where LS-MFEZ handed over a 1.5Million Kwacha cheque to the IDC in Lusaka today, IDC […]
It’s a wrap! – 96th Agricultural and Commercial show
It’s a wrap!We’ve ended our participation at the 96th Agricultural and Commercial show on a high!We were awarded the Best Agro Value Addition Exhbit ( Kawambwa Tea) and 3rd Prize – Best Exhibit ICT (Infratel).Thank you to everyone who passed through our stand. We enjoyed interacting with youSee you next year!
Day 1 : Judging Day
Theme: Creating a Competitive Future Day 1 : Judging Day Theme: Creating a Competitive Future The day was spent explaining to different sets of judges how IDC is leading the way in “Creating a Competitive Future” for many Zambians in line with this year’s theme.
It’s Show time again!
IDC is exhibiting at this year’s Zambia Agricultural and Commercial Show. Visit our stand and interact with us as we drink Kawambwa Tea and munch on bananas from our plantation in Mwense…
ZCCM-IH HANDS OVER 9TH CONSECUTIVE DIVIDEND, AS IDC ANNOUNCES CREATION OF WEALTH FUND
ZCCM-IH has delivered its ninth consecutive dividend, handing over K146 million to the Industrial Development Corporation (IDC) for its 60.3% shareholding. This payout follows the approval of a total of K243 million in dividends to shareholders for the financial year ending December 2023.ZCCM-IH CEO Dr. Ndoba Joseph Vibetti said ZCCM-IH posted strong financial results in […]
IDC commends Zambia Daily for being innovative
IDC’s Chief Portfolio Officer, Mr Siakakaye Siameja has commended Zambia Daily Mail for the innovative initiatives it is taking to ensure the business is sustainable and relevant.Speaking after touring the newsroom, editorial, advertising, courier and printing departments of the Daily Mail, Mr Siameja said he was happy the paper is adapting to the rapidly changing […]
KAGEM DECLARES K38 MILLION DIVIDEND TO IDC
Kagem Mining Plc has declared a K38 million (about US$1.5 million) dividend to the Industrial Development Corporation (IDC) for its 25% shareholding, continuing the trend of dividends paid in previous years. The announcement was made following the company’s Annual General Meeting at Pamodzi Hotel, where Kagem Board Chairperson Dr. Sixtus Mulenga handed over the cheque […]