Opinion & Analysis

Zim’s energy crisis: A 6,1% GDP drain and the path to economic revival

NewsDay Staff ·

Zim’s energy crisis: A 6,1% GDP drain and the path to economic revival

ZIMBABWE stands at a critical juncture in its economic journey, with ambitious aspirations of achieving upper-middle-income status by 2030.

However, a formidable obstacle threatens to derail these lofty goals: The nation’s persistent and crippling power shortages.

A recent World Bank report has cast a stark light on the magnitude of this crisis, revealing that unreliable electricity supply exacts a staggering toll of 6,1% from Zimbabwe’s annual gross domestic product (GDP).

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