WFP insures 150 000 Zimbabweans

Staff Writer The World Food Programme (WFP) says over 153 200 Zimbabweans benefited from its climate risk insurance payouts in 2023 with a premium value of US$1 million. In its Climate Risk Insurance annual report for 2023, WFP said it covered over 8 000 Zimbabweans through climate risk insurance protection, with financial coverage totalling nearly…

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FBC makes strides in sustainability

Staff Writer FBC Holdings (FBC) says it has significantly progressed in adopting sustainability practices, including adhering to the Reserve Bank of Zimbabwe’s Climate Risk Management Guideline. The Reserve Bank of Zimbabwe introduced the Climate Risk Management Guideline and the International Financial Reporting Standards sustainability disclosures in 2023, compelling all financial institutions to consider environmental impact,…

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NMB mainstreams ESG initiatives

Staff Writer NMB Holdings says it remains committed to mainstreaming environmental, social and governance aspects in all of its operations and continually improving sustainability practices. ESG aspects are emerging as core values of companies, major financial institutions and shareholders around the world. The ESG pillars are used by companies developing and framing business strategies and…

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