CBZ calls for support to mitigate climate shocks

FINANCIAL services giant, CBZ Holdings Limited, has called on the government’s  support to mitigate climate shocks as it reported a huge loan exposure of ZWL$7,12 trillion in the first quarter of 2024.

Zimbabwe is experiencing an El Nino-induced drought of average to below normal rainfall with harvests projected to drop by about half. President Emmerson Mnangagwa has declared the drought a State of disaster.

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