THE Economics Association of Zambia (EAZ) says IDC needs serious attention and transformation, arguing that in its current form, it is not adding significant value to complement the treasury. Speaking during the Ministry of Finance’s Symposium on first quarter Budget and Economic Performance, EAZ Interim president Isaac Ngoma urged the government to let go of non performing entities under IDC. “I want to touch on the issue of our national assets, the state owned enterprises particularly those under the Industrial Development Corporation. I served on the board of the IDC and I was there from inception. And even as IDC was being set up we had issues, we stood up against certain things and today minister I believe that the...

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