Wednesday, July 12, 2017

Uganda's inequality

Uganda is now ranked 17th among the countries with the highest level of income inequality in Africa, in a report published by the United Nations Economic Commission for Africa (UNECA).

The report titled 'Urbanization and industrialization for Africa’s transformation' points out that Uganda’s gini coefficient for income inequality is at 0.45. 

Uganda’s situation is worse than Tanzania (0.36), and Burundi (0.33), but better than Kenya (0.48) and Rwanda (0.51). 

The report notes that income inequality has risen due to an absence of programs to bolster incomes of the poor and the absolute poor while the rich continue to break further away, amassing more wealth from their investments.

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