Factors of Poverty in Namibia - 782 Words

This table portrays the different face on calculating poverty in Namibia but without doubt, it strikes with more energy the rural homes. According to the Central Bureau of Statistics, in 2008, poverty was chiefly spread between homes were English nor German were spoken (around 55 percent of those households) While English and German speaking homes were almost unaffected by poverty. This in terms of sheer consumption means that the poorest sector of the Namibian society only accounts for the 1 percent of general expenditure while the 5% of the Namibians that belong to the high-income group hold the 53 percent of it. According to the Ministry of Labour and Social Welfare of Namibia, the 41% on Namibian homes depend on wages as their principal source of wealth. These data shows the utmost significance that salaries and wages have for the subsistence of Namibian homes. This is underlined by the point that around 72 percent of Namibian homes do not possess a second source of wealth or income. In rural areas, these figures are higher, reaching an 85 percent of homes without secondary source of wealth, which is a terribly high number when compared to urban areas (63 percent). Namibia has undergone noteworthy processes to fight back poverty and improve its social and economic aspects (World Bank), becoming part of the top ten globally in terms of percentage spent in education on the GDP and second in the region in term of health expenditure. However, this alone is more likely to beShow MoreRelatedPoverty3940 Words   |  16 Pagesin 1990, Namibia which is situated on Africa’s south-western seaboard with neighboring countries Angola ,Botswana, South Africa, Zambia and Zimbabwe. With an annual population growth of 1.9% in 2009, it is estimated that the population is now currently at 2.1 million (see World Bank 2009). Namibia has a stable economy that according to the United Nations Development Programmed (UNDP, 2003) is second in sub-Saharan Africa in terms of per capita expenditure in the health sector. Namibia being a â€Å"middleRead MoreHiv Is A Disease?1574 Words   |  7 Pagescountries, and two thirds occur in Sub- Saharan Africa where over 28 million people are infected. (Canadian Journal of African Studies. 416). There are many factors leading to why the levels of HIV/AIDS are so high in continental Africa. Starting off, poverty affects the prevalence rate of HIV/AIDS in Africa. Countries with higher levels of poverty, are known to show higher levels of AIDS. There is also a large amount of gender inequity level. Due to how sexuality is viewed in Africa, there tends toRead MoreNotes On Water Supply Report1140 Words   |  5 Pagesaccess to safe drinking water has many benefits, it helps in education, improves Health, and sickness is reduced, clean water also leads to food security, families can grow their own crops to feed them self. â€Å"Access to water can break the cycle of poverty† (the water project, n.d.) This report will discuss and look into water supply methods and choose the most appropriate water supply technique to a developing arid region. II. Background information Water scarcity in arid areas is caused by lowRead MoreInternational Trade and South African Rand3644 Words   |  15 PagesIntroduction: Namibia is small flourishing country located in the south west of Africa. Its surrounding neighbors are Angola, Botswana, South Africa, and the South Atlantic Sea. The country is very young, and was recently liberated from foreign and South African rule, and was formerly known as South West Africa. Compared to all of its neighbors Namibia has an extremely low unemployment rate of 5.3%, and a GDP per capita of 7,500 USD. Even though the country appears to have a high per capita GDPRead MoreInternational Trade and South African Rand3633 Words   |  15 PagesIntroduction: Namibia is small flourishing country located in the south west of Africa. Its surrounding neighbors are Angola, Botswana, South Africa, and the South Atlantic Sea. The country is very young, and was recently liberated from foreign and South African rule, and was formerly known as South West Africa. Compared to all of its neighbors Namibia has an extremely low unemployment rate of 5.3%, and a GDP per capita of 7,500 USD. Even though the country appears to have a high per capita GDPRead MoreFiscal Policy And Trade Openness On Unemployment Essay1811 Words   |  8 PagesAHMED SALIM NUHU On The Impact of Fiscal Policy and Trade Openness on Unemployment in Namibia 1. Introduction Unemployment remains a fundamental challenge for policy makers around the globe as it simultaneously increases poverty and threatens social stability within a country (Goker, 2013). Even though the literature recognizes the critical role fiscal policy plays in mitigating unemployment and stabilizing the economy (Auerbach, Gale, and Harris, 2010), the extent to which it works effectivelyRead MoreSocial Stratification Is A Society Wide System949 Words   |  4 Pagesinterest groups or class systems. Class systems are social standings based on social factors and individual accomplishments. But for many Egyptians this is hard to truly believe. From the view point of lower class citizens, it is easy to undercount the poor in crowded informal settlements, and reasonable to assume that people who get rich by bribery and corruption don’t report all their earnings. Consequently, these factors represent that the social stratification of Egypt is becoming closed and closedRead MoreEff ects of Changes of Interest Rates Inflation2152 Words   |  9 Pagesalso not necessarily a good thing Inflation is measured with a price index Price Indexes are categorized as Consumer Price Index and Producer Price Index Interest rate changes are decided by the Central Bank in South Africa and enforced by Bank of Namibia In the long run, stocks are good protection against inflation Inflation is a serious problem for fixed income investors Inflation-indexed securities offer protection against inflation, but offer low returns. Taking into consideration the key pointsRead MoreThe Last Train By Paul Theroux1366 Words   |  6 Pageslosses are experienced at a rapid rate, as the indigenous and free Africa is forced to migrate from their rural habitats to become urbanized and live in the most deplorable conditions humankind could know. Theroux travels throughout South Africa, Namibia, and Angola, reporting the way Africa has evolved, stagnated, and even retrogressed. By using the nonfiction forms, he allows his readers to access and develop a complete and complex mixture of opinions, engaging them into this controversial debateRead MoreA Perspective of Poverty and HIV on Sub-Saharan Africa1018 Words   |  4 PagesA perspective of poverty and HIV on Sub-Saharan Africa The majority of people currently living with HIV are in Sub-Saharan Africa where this infectious immune disease has had a devastating impact mentally, physically, economically and socially since this pandemic began. Sub-Saharan Africa is about 15% of the worlds population, and it has approximately seventy percent of the people living with HIV. In 2011 there were 23,500,000 people living with HIV, and 1,200,000 annual AIDS deaths. The new