THAT the Industrial Development Corporation (IDC) has created over 4,000 jobs through its agriculture, agro-processing and renewable energy projects in some parts of the country between 2017 and last year is not only commendable but validates the value of its establishment. (more…)
KELLY NJOMBO, Lusaka
MORE stringent measures will be put in place this year to effectively monitor companies and maximise dividends from dormant firms, Industrial Development Corporation (IDC) chief executive officer Mateyo Kaluba says. (more…)
MIKE MUGALA, Lusaka
THE Industrial Development Corporation (IDC) has dissolved the board of directors at Times Printpak and removed some senior management staff in a restructuring plan to revive the financially challenged company. (more…)
KALONDE NYATI, Lusaka GOVERNMENT, through the Industrial Development Corporation (IDC), and three Indian banks have signed a shareholders agreement that will further stimulate growth for Indo Zambia Bank . The…
KALONDE NYATI, Lusaka
THE Zambia Forestry and Forest Industries Company (ZAFFICO) is legally owned by the Industrial Development Corporation (IDC), contrary to some sections of the media that questioned the ownership. (more…)
NANCY MWAPE, Lusaka
THE Industrial Development Corporation (IDC) yesterday signed a shareholder agreement with Africa Inland Container Deport (AFICD) of Tanzania to establish a dry port in Kapiri Mposhi by December at a cost of US$146.5 million. (more…)
KALONDE NYATI, Lusaka DISCUSSIONS are under way between the Industrial Development Corporation (IDC) and a financer for possible financing of the textile company to be co-owned with Marubeni of Japan.…
KALONDE NYATI, Moscow, Russia TALKS are in progress between Industrial Development Corporation (IDC) and a Russian firm on the possibility of co-investing in the manufacturing of fertiliser and ammonium as…