Factors of Poverty in Namibia

782 WordsJan 27, 20183 Pages
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 be
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