FINANCIAL services group CBZ Holdings (CBZ) is set to reconfigure its business model to minimise exposure to risks associated with climate change and ensure long-term value for its investors.
This comes on the backdrop of a catastrophic farming season expected to derail economic growth forecasts. The group has extensive exposure to the agricultural industry through lending under its Agro Yield programme.
“Climate change will continue to adversely impact the country’s agricultural and related sectors, hence the need for both the private sector and the government to step up efforts towards climate change mitigation, adaptation and relief programs…”