Tag: IDC

IDC unveils new ZSIC General Insurance Board

By Arnold Tutu The Industrial Development Corporation –IDC- says it will effect reforms in the appointment of boards in order to strengthen governance systems. IDC Group Chief Executive Officer CORNWELL MULEYA says boards will now be appointed based on expertise and in a transparent manner. Mr. MULEYA was speaking when he unveiled the new ZSIC

ZSIC MAKES K24M PROFIT

By Mary Kachepa The Industrial Development Corporation -IDC- is impressed with ZSIC General Insurance performance in 2020, which has seen an increase in its gross written premiums sitting at 373 million kwacha. The increase represents a 46 percent increase compared to 2019 gross written premiums which closed at two hundred and fifty-four million kwacha. ZSIC…

ZAMTEL MOST IMPROVED UNDER IDC

By Wilson Mulinda-Zamtel has been named the Most Improved and Innovative enterprise by the Industrial Development Corporation – IDC. The awards were presented to Zamtel Board Chairperson DANNY LUSWILI and Chief Executive Officer SYDNEY MUPETA by Finance Minister BWALYA NG’ANDU at the IDC Awards Gala held in Livingstone over the weekend. IDC Chief Executive Officer…

IDC, INDO, BARODA, BOI, CBI SIGN MOU

December 18, 2019December 18, 20192By Ellen Hambuba:Government through the Industrial Development Corporation -IDC- and three other shareholders of Indo Zambia Bank have for the first time in 35 years signed a shareholders agreement that will further stimulate growth for the financial institution.The shareholders, IDC, Bank of India, Central Bank of India and Bank of Baroda…
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