Why is Zambia so poor?
"I’m not going to tell Zambia how to run itself, what it needs to fix and in what order. The explanations I heard, they aren’t the whole puzzle, they aren’t even the biggest pieces. The only thing I’m able to conclude after my trip here is that it’s incredibly difficult for a poor country to go about getting un-poor. Just when you think you’ve got the right narrative, another one comes bursting out of the footnotes. It’s the informality. No, it’s the taxes. No, it’s the mining companies. No, it’s the regulators.
And that’s what makes fixing it so difficult."
This landlocked country in Sub-Saharan Africa isn’t a failed state in the traditional sense: There’s no dictator, no child soldiers. But most of its 14 million people live on less than $1 per day. How did things get this way, and can they ever get better?
posted by Guernsey Halleck
on Sep 13, 2013 -
The African King With A Multi-Billion Dollar Empire RBH functions as a communitybased investment company whose primary investment aim is to generate the income required for the funding of sustainable projects. Income generated from RBH’s commercial interests is invested in infrastructural development, as well as in the members of the Nation itself. Over the past decade, more than R4 billion ($475 million) has been spent on roads, utilities, schools, clinics and other public amenities. This has benefited not only the Bafokeng, but other people living in the North West Province of South Africa, the area which the RBN calls home.
posted by infini
on Dec 1, 2012 -
A Glimpse of the World
All across Africa, new tracks are being laid, highways built, ports deepened, commercial contracts signed
-- all on an unprecedented scale, and led by China, whose appetite for commodities
. Do China's grand designs promise the transformation, at last, of a star-crossed continent? Or merely its exploitation? The author
travels deep into the heart of Africa, searching for answers. [more inside]
posted by kliuless
on Apr 26, 2010 -
Did you know that...
Aid fell in the 1990s—by nearly a third on a per capita basis in Sub-Saharan Africa? In Sub Saharan Africa, half the population lives on less than 1$ a day? At current rates Sub-Saharan Africa will not meet the poverty Goal until 2147? If all the food produced worldwide were distributed equally, every person would be able to consume 2,760 calories a day (hunger is defined as consuming fewer than 1,960 calories a day)? These and more facts can be found in the 2003 UN Human Development Report
posted by stonerose
on Jul 8, 2003 -