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Social / CSR in Lesotho

  • Bill Gates sees US likely to maintain aid levels for Africa

    BOTSWANA, 2017/08/15 The US will probably maintain its current levels of aid to Africa despite President Donald Trump’s proposals to slash funding, according to Bill Gates, the world’s richest man. Trump said in May his government would no longer allocate funding for family planning, a move that has the potential to undermine aid programs in the poorest nations in the world. However, with Congress in control of the budget, it’s unlikely that all cuts proposed by the Trump government will go ahead next year, Gates said in an interview in Dar es Salaam, Tanzania’s commercial capital.
  • 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.
  • 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.