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 a market leader in freight logistics services.
He pointed out that to achieve this goal, Zamcargo needed to continue expanding its operations in the region and improve its access to domestic, regional, and international markets, aligning with the broader goals of Vision 2030. He said IDC anticipates that the new board will provide the necessary oversight to ensure the timely implementation of strategic objectives.
Mr Muleya encouraged the board to apply principles of good governance, promoting a high-performance culture within the organization’s operations. Zamcargo is wholly owned by IDC.
“The board’s composition brings together different skills and a wealth of industry experience to Zamcargo,” Mr. Muleya stated. He expressed confidence in the board’s ability to execute its duties diligently and contribute effectively to the development of the company.
Meanwhile, Joseph Chikolwa, the newly appointed Board Chairperson, has pledged to work within the framework of the Zamcargo Strategic Plan 2022-2026. He said the board’s primary aim is to ensure that the company attains its vision of becoming the market leader in providing freight logistics services in the region.
As the new board takes charge, Mr. Chikolwa emphasized their commitment to supporting the expansion of Zamcargo’s operating centres in the identified trade corridors within the region. The development of inland dry ports in Zambia is also part of their strategic plan to strengthen the company’s logistics infrastructure.
