Swaziland 'is world's most unequal country', says report

2017-05-03 15:00
(iStock)

(iStock)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - The aid group Oxfam says that Africa has higher levels of poverty than previously thought because decades of economic growth have only benefited a small elite.

The report, which says that inequality stifles growth in Africa, was released at the World Economic Forum Africa which started in South Africa's coastal city of Durban on Wednesday.

The report says Africa has seven of the 20 most unequal countries in the world and a further 250 to 350 million people could be living in extreme poverty within the next 15 years.

According to the report Swaziland is the world's most unequal country, closely followed by Nigeria and South Africa, where three billionaires own the same amount of wealth as the poorest half of the population — around 28 million people.

Read more on:    swaziland  |  sa  |  nigeria  |  west africa  |  africa  |  southern africa
NEXT ON NEWS24X

Inside News24

 
/News
Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.