Poverty is one of Africa’s harshest realities
Posted Thu, 14 Oct 2004
According to the Poverty and Inequality Report (PIR) South Africa, in per capita terms, is an upper-middle-income country, but most South African households experience outright poverty. In addition, the distribution of income and wealth in South Africa is among the most unequal in the world, and many households still have unsatisfactory access to clean water, energy, health care and education. Poverty was one of the issues discussed at the Eskom African Business Leaders Forum this week at the Sandton Sun Intercontinental. Eskom’s electrification programme has addressed energy needs at the most basic level supplying two and a half amps per household, sufficient for a few lights, a radio and more at negligible costs. “We are an important partner in the process of electrifying the public but there is a need for integrated efforts that include water, sanitation, power, education, and productivity through training,” says Thulani Gcabashe, chairman, Eskom Holdings Ltd. Dr Yvonne Muthien, Group Executive, Corporate Affairs, MTN Group says, “It is the responsibility of both the public and private sectors to generate economic growth. Regardless of how evolved a political system appears it is a hollow victory if a nation cannot provide employment and feed its population.” “Post war Africa remains the world’s poorest continent. It still accounts for only one percent of total world economic output. More than ever, sound leadership strategies, urgent and sustained action is needed to close the void. These are the best times for positive reform to take root in Africa,” says Everest Ekong, publisher, Business in Africa magazine. “While Nepad carries the right genetic code for stemming poverty, we need a model for positive economic diplomacy to reduce hunger, homelessness, sickness, unemployment and political restlessness," Ekong adds.
Employee E-Mail |
Contact us |
About us |
Subscription centre |
All material copyright Business in Africa. All rights reserved. Material may not be published or reproduced in any form without prior written permission. Read these terms & conditions. Read our privacy statement and security statement. Powered by Mail & Guardian Online & iafrica.com.