Kagem declares $1.5m to shareholder IDC
Published On April 5, 2022 » 1878 Views» By Times Reporter » Business, Stories
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• KAGEM Mining board chairperson Sixtus Mulenga (centre left) presents a US$1.5 million dividend cheque to the Industrial Development Corporation (IDC) acting chief executive officer Henry Sakala, flanked by Kagem Board IDC representative Boniface Mutale (right) and Kagem head of finance Irvine  Mwitwa. Picture courtesy of KAGEM MINE 

By MAIMBOLWA MULIKELELA
KAGEM Mining Limited has declared a dividend worth US$1.5 million to its shareholder, the Industrial Development Corporation (IDC).
The mining company continues to attract a worldwide market, and it was from this value that enabled Kagem to pay the dividend of US$1.5 million for financial year 2021.
This is according to Kagem Mining Limited board chairman Sixtus Mulenga.
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