El Nino weather phenomenon will be ‘exceptional’ and last until February, say forecasters
Forecasters have warned it is almost certain that this year’s El Nino will intensify into a very strong event in the coming months and last until February next year.
El Niño climate risks threaten Zimbabwe exports, economy: CBZ
CBZ Holdings, Zimbabwe’s largest financial services group, has warned that forecasted El Niño conditions could destabilize the agricultural value chain, threatening exports and the wider economy.
CBZ concludes US$190m financing deal with Afreximbank
CBZ Holdings has increased its trade finance facility with the African Export-Import Bank (Afreximbank) to US$190 million after securing an additional US$40 million, strengthening its capacity to fund Zimbabwean businesses engaged in regional and international trade.
Datvest ETF records strong growth
The ETF recorded an inflation-adjusted net asset value of ZWG9.4 million, up from ZWG7.26 million prior year.