Zim’s food import bill surges on El Niño

Staff Writer Zimbabwe’s food import bill increased significantly by 55.2% to US$976.1 million in 2024 from US$628.9 million in 2023, latest data shows. According to the Reserve Bank of Zimbabwe (RBZ), the increase was underpinned by grain imports, necessitated by the El Niño-induced drought that adversely affected the 2023/24 agricultural season. “Maize imports increased from…

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Zimbabwe receives US$31.8 million drought relief payout from African Risk Capacity

Staff Writer Zimbabwe has received a US$31.8 million payout from the African Risk Capacity (ARC) drought insurance scheme to bolster food security efforts and aid a challenging agricultural season. Zimbabwe like its counterparts in Southern Africa, is currently grappling with El Niño-induced severe drought which has impacted millions of farming households, affecting their livelihoods, food…

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