NEW MPULUNGU HARBOUR BOARD CHALLENGED TO MODERNIZE THE FACILITY INTO A FOURTH GENERATION PORT
The Industrial Development Corporation (IDC) has inaugurated the new Board of Directors for Mpulungu Harbour Corporation Limited, a move aimed at strengthening the company’s Corporate Governance, business strategies, performance in the shipping industry and increasing its profitability.Speaking during the inauguration ceremony held at IDC in Lusaka this week, IDC CEO Mr. Cornwell Muleya said the […]
IDC CEO SPELLS OUT REFORM AGENDA FOR ITS SUBSIDIARIES
Industrial Development Corporation (IDC) CEO Mr Cornwell Muleya has spelled out the reform agenda for its subsidiaries aimed at improving their performance and contribution to the nation.Mr Muleya was speaking recently when he toured Infratel Corporation Limited, a wholly owned subsidiary with significant interest in the Information and communications technology sector.He said the IDC’s mandate […]
KAGEM OPERATIONS AIMED AT IMPROVING LIVES IN ZAMBIA
Kagem Emerald Mine has reiterated its commitment to ensuring that the community in which it operates and the people of Zambia benefit positively from the operations of the mine through various sustainability programmes aimed at alleviating poverty, in line with Government policies and the United Nations Sustainable Development Goals (SDG’s). Speaking during a recent familiarization visit […]
ZAFFICO ON AN AMBITIOUS VALUE-ADDITION DRIVE
The Zambia Forestry and Forest Industries Corporation (ZAFFICO) has embarked on an extensive value addition initiative as part of its strategic commitment to maximizing commercial value for its wood products.ZAFFICO Managing Director Mr. Mundia Mundia unveiled the ambitious investment plan during a recent visit to the company by IDC CEO Mr. Cornwell Muleya, outlining a […]
INDENI ENERGY EYES PETROLEUM RETAIL EXPANSION
Indeni Energy Company Limited has set its sights on venturing into the retail petroleum market by establishing filling stations across the nation. The move comes as a strategic shift after the company’s transformation from a refinery to an Oil Marketing Company (OMC).During a recent tour of Indeni facilities by IDC CEO Mr. Cornwell Muleya, Indeni […]
IDC REMEMBERS
The Industrial Development Corporation (IDC) today 19th November 2023 joined the rest of the world in commemorating the World Remembrance Day (WDoR) for Road Traffic victims.This year’s commemoration is being held under the theme: “Justice”.The day is important as it serves as a solemn occasion to pay tribute to countless individuals who have lost their […]
IDC CEO CHALLENGES NCZ TO INNOVATE AND DREAM BIG
Industrial Development Corporation (IDC) Chief Executive Officer Mr. Cornwell Muleya yesterday conducted a familiarisation tour of Nitrogen Chemical of Zambia (NCZ) to appreciate the critical role that the company plays in ensuring that the manufacturing of fertilizer in Zambia is guaranteed and ahead of time.Wholly owned by the IDC and established in 1969 but operationalised […]
IDC CHALLENGES MULUNGUSHI VILLAGE NEW BOARD TO EXCEL
The Industrial Development Corporation (IDC) has inaugurated the new Board of Directors for Mulungushi Village Complex Limited, a move aimed at strengthening the company’s positioning in the hospitality industry and increasing its profitability.Speaking during the inauguration ceremony held at Radisson Blu Hotel in Lusaka, IDC CEO Mr Cornwell Muleya said the decision to bring in […]
ZSIC LIFE PLC GETS NEW BOARD OF DIRECTORS
The Industrial Development Corporation (IDC) has inaugurated the new Board of Directors for ZSIC Life Plc, its wholly owned life assurance company.IDC CEO Mr Cornwell Muleya said the decision to bring in new leadership was part of IDC’s broader strategy to enhance performance in its group of companies, with a specific focus on governance reform.Mr. […]
INFRATEL GROWTH STRUCTURE IMPRESSES IDC CEO
Industrial Development Corporation (IDC) Chief Executive Officer Mr Cornwell Muleya says he is happy to note that Infratel Zambia Corporation Limited, a government parastatal company is breaking new gromhunds despite being fairly new on the market.Mr. Muleya said Infratel has an impressive growth structure and strategy that has helped the company to brand itself well […]