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This comes as the drive towards clean energy is gathering momentum the world over as financial institutions re-angle their investments towards climate change projects.
The bank stated that Zimbabwe’s stock investment income, fair-value gains, and foreign exchange profits are volatile and have substantial base effects.
Ncube was speaking at the listing of the Nedbank Group Limited ZDRs (Zimbabwe Depository Receipts) on the Victoria Falls Stock Exchange (VFEX) last Friday.