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…
Staff Writer The World Bank has called on Zimbabwe to finalise its disaster risk management legislation and strengthen its early warning and disaster response systems. Currently, the Civil Protection Act (1989) is the guiding legislation underpinning disaster response in the country. The Civil Protection Act focuses narrowly on civil protection and disaster response management led…
Staff Writer The World Bank says the cost of inaction on climate change could erode up to 12% of Zimbabwe’s gross domestic product (GDP) annually. In its latest Zimbabwe Economic Update, the World Bank emphasises the urgent need for proactive climate adaptation measures, highlighting that every dollar invested in early interventions could save up to…
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…
