IDC creates wealth fund for revenue from parastatals
By BARNABAS ZULU
THE Industrial Development Corporation (IDC) Chief Executive Officer (CEO), Cornwell Muleya, has announced that the Zambian government has established a wealth fund that will comprise all the revenues generated from state-owned enterprises.
Speaking at the opening of the Zambia Forestry and Forest Corporation (ZAFFICO) Corporate Offices in Lusaka on Friday, Mr. Muleya emphasized that the wealth fund would play a crucial role in securing the nation’s financial future.
“This fund will be key in ensuring that the Zambian government saves money for future generations CLICK HERE TO READ MORE
