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Africa: 3 Richest Men in Africa Have More Wealth Than Poorest 650 Million People
Oxfam, 3 September 2019
Three African billionaires today have more wealth than the poorest 50% - or 650 million people across the continent, reveals a new Oxfam report today. Read more »
Africa's 3 Richest Men Have More Wealth Than Poorest 650 Million
A report reveals that while the richest Africans fortunes are increasing, extreme poverty is rising in the continent. The report also looks at how unsustainable levels of debt and a rigged international tax system are depriving African governments of billions of dollars in lost revenue each year - money that could otherwise be invested in education, healthcare and social protection, according to Oxfam.
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Kenya: Wealthy People Return U.S.$1 Billion Stashed Abroad
Nation, 1 September 2019
Wealthy Kenyans filed to return Sh118 billion assets from foreign countries in the final year of a tax pardon, official data shows. Read more »
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Africa: Eradicating Poverty - Lessons for South Africa From Lula's Brazil
Daily Maverick, 29 August 2019
Brazilian case studies are important for South Africa because we have such similar socio-economic conditions - whatever works here surely can be implemented there and vice versa. Read more »
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Africa: France, Africa Launch U.S.$300 Million Initiative for African Women Entrepreneurs
VOA, 27 August 2019
French President Emmanuel Macron and the African Development Bank have launched a $300 million initiative to boost businesses owned by African women. Read more »
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South Africa: 'It Can't Be Business As Usual, Economic Privilege Must Be Addressed' - Jackson Mthembu
News24Wire, 29 August 2019
In order to accelerate the task of overcoming poverty, inequality and unemployment, new ideas need to come to the fore and "it cannot be business as usual". Read more »
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South Africa: Designer Death? South Africa Struggles to Bury Inequality
Thomson Reuters Foundation, 29 August 2019
A new breed of luxury cemetery is leading to claims of 'economic apartheid' as it reinforces divides between the rich and poor Read more »
InFocus
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The Nigerian government has attributed the delay in the implementation of the new minimum wage to the "unrealistic" demands of labour unions. Richard Egbule, chairman of the ... Read more »
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Highly influential multinational corporations facilitate the expatriation of profits and natural assets from resource-rich but capital-poor countries by engaging in a wide range of ... Read more »
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The Financial Secrecy Index for 2018, released by the Tax Justice Network, is far more than a simple index. It is an in-depth survey as well as ranking of the countries most deeply ... Read more »
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The UN Development Programme's latest Human Development Index shows that although Sub-Saharan African nations still dominate the list of the world's least developed countries, the ... Read more »
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Global aid agency Oxfam says Nigeria tops the list of countries in which the gap between the rich and the poor has worsened. Oxfam also revealed that 10 percent of children in ... Read more »
