The European Union has released a further €16.8m (roughly R270m at current exchange rates) in humanitarian food aid for Zimbabwe.
The regional block said this week a severe drought that has affected many countries in Southern Africa has been “compounded in Zimbabwe by governance challenges and a worsening economic situation”.
Zimbabwe is also experiencing a crippling economic crisis, which critics say is a result of economic mismanagement by President Emmerson Mnangagwa’s government. This comes as a new report by the United Nations says Zimbabwe’s real GDP is projected to shrink by 5.5% in 2019, and by 2.5% in 2020. Inflation in Zimbabwe is estimated at 521%, while the country’s dollar lost 90% of its value in 2019. Citizens are also facing power outages of more than 18 hours a day in come instances.
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The South African Pork Producers’ Organisation (SAPPO) coordinates industry interventions and collaboratively manages risks in the value chain to enable the sustainability and profitability of pork producers in South Africa.
