Business

Zambia loses $13 billion

HEAVY rains have caused flooding in Chief Jumbe in Mambwe district, Eastern Province, leaving some families homeless and damaging maize fields. PICTURE: MAYENGO NYIRENDA

DARLINGTON MWENDABAI, Lusaka
IN THE last three decades, Zambia has lost an estimated US$13. 8 billion worth of gross domestic product (GDP) due to floods and drought, World Wild Fund (WWF) country director Nachilala Nkombo has said.
Ms Nkombo said increased frequency and severity of floods has also threatened Zambia’s infrastructure upon which agricultural production and marketing depend.http://epaper.daily-mail.co.zm/


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