September 17, 2023 - The Financial Gazette

Government seeks biodiversity revenue boost

Farai Mabeza, Senior Staff WriterSeptember 17, 20230515 views

THE ministry of Environment says the newly-launched Zimbabwe Biodiversity Economy (ZBE) Report can boost revenue from identified potential investment opportunities in protected areas. The country boasts an extensive protected areas network of 27,2 percent. These areas have significantly contributed to the safeguarding of biodiversity. “Subsequently, these areas have generated revenue through nature-based tourism. Protected areas…

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FX transactions boost Stanbic income

Almot Maqolo, Staff WriterSeptember 17, 20230515 views

STANBIC Bank has reported a 572 percent rise in its inflation-adjusted half-year profit, underpinned by the surge in foreign currency-denominated transaction volumes. Together with the improved tobacco selling season, the bank’s activities kept shifting from local to foreign currencies. The bank’s profit stood at $372,9 billion during the period under review, up from $55,5 billion…

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