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Zim s inequality: The rich get richer and the poor get poorer - The Zimbabwe Independent

The Zimbabwe Independent December 11, 2020 ACCORDING to the latest poverty report by ZimStat and the World Bank, Zimbabwe has become poorer over the last three years. Tafara Mtutu Investment analyst Extreme poverty rose to 38% in 2019, while general poverty went up eight percentage points to 51%. To note is the country’s latest Gini coefficient of 50,4%, which is up from 44,7% in 2017. The Gini coefficient is a measure of income or wealth distribution in a country. A Gini coefficient that is close to 0% implies that there is perfect or equal distribution of wealth. The other end of the spectrum — a Gini coefficient of 100% —indicates gross inequality, where only one person earns all the income.

Joseph Robinette Biden Jr , the Truth, Integrity, and Courage Matter : ThyBlackMan com

Joseph Robinette Biden Jr , the Truth, Integrity, and Courage Matter : ThyBlackMan com
thyblackman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thyblackman.com Daily Mail and Mail on Sunday newspapers.

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