Gov't mulls IMF budget bailout
Friday, August 07, 2020
About 40 African states, including nearly all in Southern Africa, have applied for special coronavirus (COVID-19) funds from the IMF. Officials at the institute told BusinessWeek that the applications thus far totalled $16 billion, with about $14.3 billion approved.
South Africa finalised a $4.3 billion loan last week, while on July 30, eSwatini and Lesotho secured $110 million and $49.1 million respectively. Mozambique secured $309 million in April, while Namibia has applied for $273 million.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...