Richest Zimbabweans consume 20 times more than the poorest


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The richest 10% of Zimbabweans consume 20 times more than the poorest 10%, the World Bank says in its latest update.

It says inequality is increasing in the country and between 2017 and April-May 2019, consumption expenditure for the poorest 10% of the population dropped by about 25% while that for the richest 10% rose by 17%.

The number of extremely poor Zimbabweans, those under the food poverty line of US$29.80 a month, more than doubled from 3 million in 2011 to 6.6 million in 2019.

Nearly90% of the extremely poor lived in rural areas and 1.6 million were children.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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