A woman presenter discusses South Africa’s highest annual sales in the largest township, highlighting economic growth and success.
The International Monetary Fund said on Thursday that it will visit Zambia, tentatively mid-April, to assess the adverse impact of the ongoing drought on growth and the country’s budget. Zambia is experiencing drought conditions in 84 of its 116 districts. The rainy season, that usually runs from October to March, ended in late January. “The preliminary assessment is that crop losses do appear to be significant, and it also appears that there will be a need to increase imports of energy,” said IMF director of communications, Julie Kozak in a media briefing. Zambia is planning to start rationing electricity next week as a devastating drought that has been declared a national disaster affects hydropower generation, as well as food production.