‘IDC dividends adding value to economy’
By CHATULA KANGALI – THE Industrial Development Corporation (IDC) has said that it uses dividends paid by its subsidiaries to establish new business with the aim of adding value to the economy.IDC Chief Financial Officer Raphael Chipoma (left) said the corporation was making money in a number of key ways, among them divided payments.Responding to […]
Comrade
0
8
By CHATULA KANGALI –
THE Industrial Development Corporation (IDC) has said that it uses dividends paid by its subsidiaries to establish new business with the aim of adding value to the economy.
IDC Chief Financial Officer Raphael Chipoma (left) said the corporation was making money in a number of key ways, among them divided payments.
Responding to questions on how IDC payments and how it uses funds from dividends on in five, an online programme,
Mr Chipoma said IDC was mandated to receive dividends from all its companies.
