STANDARD Chartered Bank Zambia PLC has announced that it intends to explore options for the sale of its Wealth and Retail Banking (WRB) business. The bank says if implemented, the sale may have a material effect on the price of the Company’s securities. In a cautionary announcement dated November 27,2024, the bank’s Company Secretary, Doris Tembwe, assured that in the event of a sale of the WRB business, the company would continue its operations in Zambia as a leading global bank serving corporate and investment banking clients. “In accordance with the Lusaka Securities Exchange (the LuSE) listings requirements, the Board of Directors of SCBZ hereby makes the following announcement to its shareholders. The Company refers to the Q3, 2024 earnings...