Social / CSR in Cape Verde

  • Oxfam Study Finds Richest 1% Is Likely to Control Half of Global Wealth by 2016

    AFGHANISTAN, 2015/01/20 The richest 1 % are likely to control additional than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening world inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland. The 80 wealthiest people in the world all own $1.9 trillion, the statement found, nearly the same all shared by the 3.5 billion people who occupy the bottom half of the world’s gain scale. (Last year, it took 85 billionaires to equal that figure.) And the richest 1 % of the people, who number in the millions, control nearly half of the world’s total wealth, a share that is as well increasing.

  • Filomena Fortes is the new president of the Cape Verdean Olympic Committee,

    CAPE VERDE, 2014/02/27 Filomena Fortes is the new president of the Cape Verdean Olympic Committee, having unseated incumbent Franklin Palma, who was at the helm of the organization for the completed 12 years. In an anxiously awaited election held in the premises of the country’s Olympic committee, Filomena Fortes, former president of the Cape Verdean Handball Federation, won by a single vote (10-9). Those who cast the vote included the Federations of athletics, handball, basketball, boxing, football, karate, tennis, volleyball, the National Gymnastics Commission and a representative of Olympic athletes.

  • Cape Verde and its ‘Blue Sharks’ national team

    CAPE VERDE, 2013/10/02 Cape Verde and its ‘Blue Sharks’ national team have been on a footballing whirlwind over the last two years, but two weeks ago their World Cup hopes were brought abruptly to an end. The archipelago country was within two games of qualifying for the 2014 World Cup, set to take place in Brazil. However, in a match against Tunisia, whom they beat 2-0, the team was disqualified for fielding an illegible player, Fernando Varela. Varela was serving a four-match suspension at the time next receiving a red card for \\\'unsporting conduct\\\' during a previous qualifier. Cape Verde have the right to appeal, but any attempt to do so may be futile as they were clearly in contravention of FIFA rules, which stipulate: \\\"An expulsion automatically incurs suspension from the subsequent match, even if imposed in a match that is later abandoned, annulled and/or forfeited.\\\"

  • Inequality rises in resource rich countries in Africa

    BOTSWANA, 2013/06/21 Despite catalysing strong economic increase, the revenues taken from resources are widening the gap between rich and poor in a lot of African nations, the Africa Evolution Panel says.  While the continent’s 20 resource rich nations account for almost 80 % of its gross domestic product and per capita incomes have generally increased, these nations’ records on poverty reduction and human development are chequered, the APP says in its Africa Evolution Statement 2013. “Africa’s increase figures are real and there is nothing wrong with resource based increase in terms of taking off, but increase has got to be equitable,” Strive Masiyiwa, a member of the Panel and founder of Econet Wireless said.
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