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    Limited Game Time Compels Seakanyeng to Quit UAE-Based Outfit 

    Limited Game Time Compels Seakanyeng to Quit UAE-Based Outfit 

    Debswana sponsors BFA’s National First Division League with P3.9m 

    Debswana sponsors BFA’s National First Division League with P3.9m 

    Ditlhokwe Tipped to Excel at Kaizer Chiefs

    Ditlhokwe Tipped to Excel at Kaizer Chiefs

    BCF Aims to Resuscitate Chess this Year

    BCF Aims to Resuscitate Chess this Year

    Tebogo’s Move to US on Hold

    “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

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    NSAs decry Absence of School Sports 

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      Limited Game Time Compels Seakanyeng to Quit UAE-Based Outfit 

      Limited Game Time Compels Seakanyeng to Quit UAE-Based Outfit 

      Debswana sponsors BFA’s National First Division League with P3.9m 

      Debswana sponsors BFA’s National First Division League with P3.9m 

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      Ditlhokwe Tipped to Excel at Kaizer Chiefs

      BCF Aims to Resuscitate Chess this Year

      BCF Aims to Resuscitate Chess this Year

      Tebogo’s Move to US on Hold

      “Don’t Panic,” Tebogo is advised as He Transits to Senior Level

      NSAs decry Absence of School Sports 

      NSAs decry Absence of School Sports 

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      Botswana among the 15 most unequal countries – World Bank

      An inequality report by the World Bank found that the Southern African Customs Union (SACU) member countries of Botswana, Eswatini, Lesotho, Namibia, and South Africa, represent the world’s most unequal region though there are differences across countries with Namibia and South Africa distinctly having higher inequality than the rest and Lesotho the least.

      mm by Staff Writer
      March 15, 2022
      in News
      Reading Time: 2 mins read
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      Botswana among the 15 most unequal countries – World Bank

      MOLEPOLOLE 11 February 2022, President Dr Mokgweetsi Masisi tours the Molepolole Prison Farm on 10 February 2022. Masisi implores inmates to serve their respective sentences with diligence and look forward to life ahead. Minister of Defence, Justice and Security, Kagiso Mmusi and the Commissioner of Botswana Prisons Services, Dinah Marathe were present among the others during the tour. (Pic:Metlha Ngubevana/PRESS PHOTO)

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      The report examines the process of household income generation to identify the sources of inequality in the region. Titled “An Assessment of the Southern African Customs Union” it says consumption inequality across the SACU region is found to be more than 40 percent higher than the averages for both Sub-Saharan Africa and upper-middle-income countries. South Africa, the largest country in SACU, is the most unequal country in the world, ranking first among 164 countries in the World Bank’s global poverty database.

      Botswana, Eswatini, and Namibia are among the 15 most unequal countries, and despite recent improvements, Lesotho still ranks among the top 20 percent, the report shows.

      “We know from this report that inherited circumstances over which an individual has little or no control, drive overall inequality, and that despite SACU countries undertaking some of the most redistributive spending in the world, particularly on education and health, inequality remains extremely high,” said Marie Francoise Marie-Nelly, World Bank Country Director for Botswana, Eswatini, Lesotho, Namibia, and South Africa. “Levelling the playing field at birth through more inclusive delivery of quality education, health, and basic services is critical to reducing inequality in the region.”

      At least one-fifth of inequality in SACU is explained by inherited circumstances such as location, gender, age, parental background and when race is included in the analysis, the contribution of inequality of opportunity more than doubles. High wealth inequality limits intergenerational economic mobility, making consumption inequality persistent over time. In the labor market, having post-secondary or tertiary education is key to both accessing jobs, and obtaining better wages once employed.

      In Namibia and South Africa where inequality is distinctly higher than the rest of the countries, the sharp inequality in land ownership also contributes to perpetuating the historically high levels of income inequality. “This report shows that lack of access to key productive assets such as skills and land, is slowing progress towards a more equitable income distribution,” said Pierella Paci, World Bank Practice Manager of the Poverty and Equity Global Practice for Eastern and Southern Africa. “Improving access and availability of private sector jobs and access to productive assets such as land will help equalize opportunities”.

      The report suggests promoting policy measures that foster equality of opportunity and address the highly skewed distribution of productive assets, which are critical to reducing the persistently high inequality in the five (SACU) countries. The report also suggests enhancing the capacity to respond to increasing climate and economic shocks, that generally affect the poor more severely. Enhancing the efficiency and effectiveness of social spending and improving the targeting of key social protection programs to redirect resources towards the most vulnerable for more sustainable and efficient fiscal redistribution, is key for accelerating reduction in inequality.

      Tags: Marie Francoise Marie-NellySouthern African Customs Union (SACU)World Bank

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