ZCCM-IH PRESENTS IDC WITH K436 MILLION DIVIDEND CHEQUE
ZCCM-Investments Holdings Plc (ZCCM-IH) has handed the Industrial Development Corporation (IDC), its majority shareholder, a dividend cheque of ZMW436 million.The sum represents dividends accrued over the 2021 and 2022 financial years for IDC’s 62.88% shareholding.ZCCM-IH Board Chairperson Mr. Kakenenwa Muyangwa, accompanied by CEO Dr Ndoba Joseph Vibetti and senior management, handed over the cheque to […]
IDC OUTLINES EXPECTATIONS FOR ZAMCARGO
The IDC has inaugurated the new board of directors for Zambia Cargo and Logistics Limited (Zamcargo), a strategic step towards enhancing the company’s position in the freight logistics industry within the region.Speaking during the inauguration, IDC CEO Mr Cornwell Muleya expressed the Corporation’s high expectations for Zamcargo, emphasizing the goal of establishing the company as […]
IDC MEETS WITH US BASED KENYAN BILLIONAIRE JULIUS MWALE TO EXPLORE SMART CITY INVESTMENTS IN ZAMBIA
IDC CEO Mr. Cornwell Muleya has met with US-based Kenyan billionaire, Mr. Julius Mwale, and his delegation to discuss investment opportunities related to the introduction of the groundbreaking concept of Smart Cities in Zambia.Mr. Mwale and his delegation are on a week-long visit to explore investment prospects in Zambia with the specific aim of replicating […]
IDC HOSTS A DELEGATION OF INDIAN INVESTORS
The Industrial Development Corporation (IDC) today hosted a delegation of Indian investors who are actively exploring investment prospects in agriculture and agro-processing.IDC CEO Mr. Cornwell Muleya, along with his team from the Investment Division, had the privilege of hosting this delegation, which was led by Zambia’s Acting High Commissioner to India, Mrs. Deliwe Ndhlema Mumbi.The […]
IDC BOARD APPOINTS MR CORNWELL MULEYA AS NEW IDC CHIEF EXECUTIVE OFFICER
Lusaka, 10th October 2023 – The Finance and Administration Committee of the Board of Directors of Industrial Development Corporation (IDC) is pleased to announce the appointment of Mr Cornwell Muleya as the Chief Executive Officer of IDC with effect from 11th October 2023. Mr Muleya brings with him over 34 years of financial and operational […]
HAPPY FARMER’S DAY
Today is the last day of the Agric Show and also Farmer’s Day.IDC celebrates all the farmers who inspired us to set up manufacturing industries to add value to their produce and the many outgrowers who provide feedstock for our Processing plants.We salute you.
IT’S A WRAP!
It’s a wrap!Team IDC would like to thank all those that took time to visit our stand. We enjoyed the interaction, ideas shared and positive feedback.Till next year…
DAY 3 OF THE AGRIC SHOW
Day 3 of the Agric Show IDC CEO Mr Perry Mapani toured the IDC stand and some of our subsidiaries exhibiting at the Agric show.
COMMERCE, TRADE AND INDUSTRY MINISTER VISITS IDC STAND.
This afternoon we were delighted to host the Minister of Commerce, Trade and Industry – Hon. Chipoka Mulenga MP to our stand.He shared his vision and desire to see more private sector participation in our projects.He further expressed happiness with the continuous progress being made by Kawambwa Tea, which now has high end gift packs […]
THE IDC IS SHOWCASING AT THE 95TH ZAMBIA AGRICULTURAL AND COMMERCIAL SHOW(ACSZ)
This year’s ACSZ is anchored on the theme: “Inclusive Economic Transformation ”.The Agricultural and Commercial Show is the country’s premier show held annually.If you are in Lusaka for the next four days, why not visit our stand in the show grounds. We will be happy to receive you and share our inclusive economic transformation agenda […]