Zimbabwe’s Finance Minister, Mthuli Ncube, has revised the country’s 2024 economic growth forecast downward, citing the worst drought in Southern Africa in decades, which has drastically reduced crop yields. In an interview with Reuters earlier this month, Ncube revealed that the growth estimate for 2024 had been lowered to 2%, down from the 3.5% predicted in November 2023, attributing the decline to the El Niño-induced drought that has caused widespread crop failures. Zimbabwe, along with Zambia and Malawi, has been among the hardest hit by the drought, prompting all three countries to declare states of disaster
