Money Moves January 15, 2020 at 01:00 pm

A few billionaires and millions of hungry people: These are Africa’s seven most unequal nations

Nii Ntreh January 15, 2020 at 01:00 pm

January 15, 2020 at 01:00 pm | Money Moves

Image result for swaziland poverty
8 out of 10 Swazis can be considered poor. Photo Credit: Cartsenga.com

Swaziland

Swaziland, or eSwatini, is a country where about 80% of the 1.3 million people live on subsistence farming. The largely agrarian nature of the economy means that growth rates are slower.

But the country’s sole billionaire, Nathan Kirsh, is worth $5 billion. This means that if he even gave $2,000 to each and every Swazi, he would still be a billionaire.

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