Categories: Stories

2019 an eventful year for Zimbabwe as economy continues to struggle

In Zimbabwe, the tropical cyclone killed more than 260 people and affected more than 270 000 others mainly in Manicaland Province to the south-east where livestock, crops, schools, bridges and other infrastructure were destroyed.

The government, together with United Nations agencies in April launched an appeal for US$60 million to help the affected people who were in dire need of food, shelter, water and sanitation.

The US$60 million was on top of a US$234 million appeal for 2.2 million of the over 5 million people who were also in need of food, water and sanitation following the serious drought in the 2018/19 season.

The World Food Program announced on Wednesday that nearly 8 million people in Zimbabwe will be hungry come January.

GDP is projected to grow by 3 percent with Mnangagwa assuring Zimbabweans that the worst was over and that the future promised a prosperous economy for everyone.

Speaking in the City of Mutare at the commissioning of an urban renewal project mid December, Mnangagwa acknowledged that the “austerity for prosperity” measures implemented by his government had caused suffering among the populace.

“Our policies have created problems, but we are certain of where we are going. To achieve our goal we have to take measures which are painful, but it will pass and everyone will be happy.

“Nothing comes cheaply. We have to tighten our belts and I am happy that the worst is over! The bad is past us. Things are going to improve,” he said.

The government is also importing grain to supplement its stocks but will need more international support to ensure that citizens are food secure.

Many farmers already fear that the current agriculture season will also be bad after poor rains in the first half while weather experts have predicted that the second one will have normal to below normal rainfall. –Xinhua

(101 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

Page: 1 2 3

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Are Zimbabweans giving social media more credit than it deserves?

The role of social media on how people get their news in Zimbabwe is being…

May 3, 2024

Top 20 countries in debt to China- Zimbabwe is not one of them

Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…

May 1, 2024

Is Zimbabwe now on the right track?

The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…

April 30, 2024

Watch: RBZ governor warns those selling ZiG at 20:1 could be buying it at 10:1 in June

Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…

April 29, 2024

US loses its place as most influential power in Africa to China

The United States lost its place as the most influential global power in Africa last…

April 27, 2024

Zimbabwe central bank chief says street forex dealers cannot destabilise the ZiG

The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…

April 26, 2024