Zimbabwe is losing over $406 million to road accidents, it has been reported.

This was said by the Transport and Infrastructural Development Minister Joram Gumbo.

Gumbo said Zimbabwe is experiences mass annual losses – $406 million a year to road traffic accidents.

This reportedly amounts to 3% of Zimbabwe’s Gross Domestic Product (GDP), and 1 041 people have died in road accidents between January and June this year, compared to 830 people last year (same period 12,5% increase). Gumbo said, “Zimbabwe is estimated to be losing about $406 million every year due to road traffic accidents.

“This is almost three percent of our Gross Domestic Product (GDP) which is estimated at $14 billion.

“It is sad to note that from January to June 2018, Zimbabwe has lost 1 041 people due to road traffic accidents, up from 830 people killed during the same period last year.” – state media