IMPROVE: Despite continued concerns about food security, levels of acute food insecurity are expected to decline significantly in Namibia. Photo: FILE
IMPROVE: Despite continued concerns about food security, levels of acute food insecurity are expected to decline significantly in Namibia. Photo: FILE

Economic shocks drive food insecurity

Ellanie Smit
In Namibia, Eswatini, Lesotho and Zimbabwe, economic shocks, associated with soaring food prices and a severe deterioration in household purchasing power, were identified as the main drivers of acute food insecurity.

This is according to the 2023 Global Report on Food Crises, which estimated that during the period from 2021 to March 2022, corresponding to a lean season, 750 000 people were in crisis or worse (IPC Phase 3 or above), including almost 120 000 people in emergency (IPC Phase 4).

"This is the highest figure reported by the IPC for Namibia and represents 30 percent of the country’s population.”

The Integrated Food Security Phase Classification (IPC) Acute Food Insecurity classification provides strategically relevant information to decision makers that focuses on short-term objectives to prevent, mitigate or decrease severe food insecurity that threatens lives or livelihoods.



Slow recovery

Key drivers of this worrying situation were drought, price shocks and the economic impacts of Covid-19 measures.

However, levels of acute food insecurity were nevertheless expected to decline significantly in Namibia, with the projected number of people in IPC Phase 3 or above decreasing to 390 000 in January to March this year.

According to the report, economic shocks are likely to drive acute food insecurity across the globe, as countries’ economic resilience have been severely undermined by a slow recovery from the Covid-19 pandemic.



Food security erodes

The report highlighted that at the end of March, food prices were at extremely high levels in Namibia, Ethiopia, Ghana, Malawi, Myanmar, Pakistan, Somalia, South Sudan and Zimbabwe.

"Persisting high food prices coupled with unsustainable debt levels in a number of food-crisis countries amid high interest rates and currency depreciation are expected to continue to erode households’ food access and constrain the fiscal capacity of governments to deliver assistance to populations."

The annual report, produced by the Food Security Information Network (FSIN), was launched by the Global Network Against Food Crises (GNAFC).

The report stated that around 258 million people in 58 countries and territories faced acute food insecurity at crisis or worse levels (IPC Phases three to five) in 2022, up from 193 million people in 53 countries and territories in 2021. This is the highest number in the seven-year history of the report.

However, much of this growth reflects an increase in the population analysed.



Acute food security concerns

In 2022, the severity of acute food insecurity increased to 22.7% from 21.3% in 2021; it remains unacceptably high and underscores a deteriorating trend in global acute food insecurity, the report stated.

It added that while conflicts and extreme weather events continue to drive acute food insecurity and malnutrition, the economic fallout of the ?ovid-19 pandemic and the ripple effects of the war in Ukraine have also become major drivers of hunger, particularly in the world’s poorest countries, mainly due to their high dependency on imports of food and agricultural inputs and vulnerability to global food price shocks.

Several areas have been affected by rainfall deficits and high temperatures, including northern parts of Madagascar, Mozambique and Namibia, and southern areas of Angola and Zimbabwe, curtailing yield prospects.

Furthermore, the impact of tropical storms and cyclone Freddy in February 2023, which caused flooding in Madagascar and Mozambique, was expected to result in crop damage.

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Allgemeine Zeitung 2024-05-05

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 301.81/OZ DOWN -0.0011 | Copper US$ 4.53/lb UP +1.46% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 83.49/BBP DOWN -0.0105 | Platinum US$ 955.87/OZ UP +0.28% Sport results: Premier League: Brighton 1 vs 0 Aston Villa | Chelsea 5 vs 0 West Ham | Manchester City 5 vs 1 Wolves | Brentford 0 vs 0 Fulham | Sheffield United 1 vs 3 Nottingham Forest | Burnley 1 vs 4 Newcastle | Arsenal 3 vs 0 Bournemouth | Luton Town 1 vs 1 Everton | Chelsea 2 vs 0 Tottenham Hotspur LaLiga: Osasuna 0 vs 2 Real Betis | Mallorca 0 vs 1 Atletico Madrid | Girona 4 vs 2 Barcelona | Real Madrid 3 vs 0 Cadiz | Real Sociedad 2 vs 0 Las Palmas | Getafe 0 vs 2 Athletic Club SerieA: Hellas Verona 2 vs 1 Fiorentina | Empoli 0 vs 0 Frosinone | Cagliari 1 vs 1 Lecce | Sassuolo 1 vs 0 Inter Milan | Monza 2 vs 2 SS Lazio | Torino 0 vs 0 Bologna European Championships Qualifying: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End English Championship: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End Weather: Katima Mulilo: 14° | 33° Rundu: 14° | 32° Eenhana: 13° | 33° Oshakati: 15° | 32° Ruacana: 16° | 34° Tsumeb: 16° | 31° Otjiwarongo: 14° | 30° Omaruru: 14° | 32° Windhoek: 12° | 27° Gobabis: 14° | 28° Henties Bay: 14° | 20° Wind speed: 18km/h, Wind direction: S, Low tide: 10:44, High tide: 04:42, Low Tide: 22:59, High tide: 17:11 Swakopmund: 16° | 17° Wind speed: 20km/h, Wind direction: SW, Low tide: 10:42, High tide: 04:40, Low Tide: 22:57, High tide: 17:09 Walvis Bay: 17° | 23° Wind speed: 25km/h, Wind direction: SW, Low tide: 10:42, High tide: 04:39, Low Tide: 22:57, High tide: 17:08 Rehoboth: 14° | 29° Mariental: 17° | 31° Keetmanshoop: 17° | 31° Aranos: 16° | 30° Lüderitz: 14° | 24° Ariamsvlei: 16° | 33° Oranjemund: 13° | 21° Luanda: 25° | 30° Gaborone: 15° | 29° Lubumbashi: 13° | 27° Mbabane: 15° | 29° Maseru: 10° | 25° Antananarivo: 12° | 23° Lilongwe: 17° | 28° Maputo: 18° | 31° Windhoek: 12° | 27° Cape Town: 14° | 17° Durban: 18° | 30° Johannesburg: 16° | 25° Dar es Salaam: 22° | 29° Lusaka: 16° | 29° Harare: 13° | 29° Economic Indicators: Currency: GBP to NAD 23.17 | EUR to NAD 19.9 | CNY to NAD 2.54 | USD to NAD 18.5 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.95 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.9 | USD to KES 133.98 | USD to NGN 1379 | USD to ZAR 18.5 | USD to ZMW 27.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76428.31 Up +0.50% | Namibian Stock Exchange (NSX) Overall Index 1700.24 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13403.47 Up +0.61% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +6.81% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 301.81/OZ DOWN -0.0011 | Copper US$ 4.53/lb UP +1.46% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 83.49/BBP DOWN -0.0105 | Platinum US$ 955.87/OZ UP +0.28%