TD Bank Fined $3 Billion in Historic Money Laundering Settlement
TD Bank, one of Canada’s biggest lenders, has agreed to pay more than US$3 billion and pleaded guilty to criminal charges in the US after allowing drug cartels and other...
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South Africa Power-Line Rollout Set to Spur Bond Market Revival
A multibillion-dollar plan to expand South Africa’s electricity transmission network could throw a lifeline to the country’s corporate bond market as it struggles to recover from a post-pandemic slump. Bloomberg...
ERB Approves ZESCO’s Application for Emergency Tariff Adjustment
Energy Regulation Board (ERB) has approved ZESCO’s application for emergency electricity tariff adjustment for a period of three months, effective 1st November, 2024, to 31st January, 2025. In its application,...
Africa Needs Comprehensive Transition in its Food Systems, Energy Sources – Greenpeace
Greenpeace Africa says the African Continent needs a comprehensive transition in its food systems, energy sources, and development models, which have historically hindered progress. Speaking during the 2024 Environmental Protection...
ZESCO Inks Power Supply Agreement with GreenCo
ZESCO Limited has secured power supply imports from South Africa with financial support from GreenCo Power Services Limited (GreenCo) and First Quantum Minerals (FQM), to help mitigate Zambia’s ongoing energy...
FRA Pays Out K3 Billion to Maize Suppliers
Food Reserve Agency (FRA) has disclosed that it has paid out over K3 billion to farmers who supplied non-genetically modified Grade A white maize during the 2024 crop marketing season....
Gwembe MP Implores ZICTA to Expedite Completion of Two Communication Towers
Gwembe Member of Parliament has implored Zambia Information and Communication Technology Authority (ZICTA) to speed up completion of the two communication towers that were allocated to the district. Tyson Simuzingili...
