2023: Zimbabwe's wholesale and retail sector growth slows to 4.2% due to El Niño-related challenges.

Zimbabwe's wholesale and retail sector is projected to experience slower growth of 4.2% in 2023 due to El Niño conditions, according to the Confederation of Zimbabwe Retailers president, Denford Mutashu. The El Niño-related challenges include drought, water shortages, and crop failures, which have resulted in 7.7 million people, representing 51% of the population, requiring food assistance.

May 21, 2024
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