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Why Africa is so poor yet so rich (Record no. 332)

000 -LEADER
fixed length control field 01172nam a2200133 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Nkomo, Dumisani
245 ## - TITLE STATEMENT
Title Why Africa is so poor yet so rich
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Bulawayo
Name of publisher Southern Eye
Year of publication 2014.
300 ## - PHYSICAL DESCRIPTION
Number of Pages 3p
520 ## - SUMMARY, ETC.
Summary, etc The media article relates the greatest challenges facing Africa to its oxymoronic economic state where the continent on one had boasts unequalled natural resource endowment and yet on the other the continent continues to labour under the yoke of poverty and underdevelopment. Interestingly, Africa has lost between $1,2 trillion to $1, 4 trillion in a 30-year period from 1980 to 2009. This is in spite of the fact that Africa contributes almost 42% of the world’s gold reserves not to mention a significant proportion of the world’s diamond, chrome and platinum deposits. Beneficiation and value addition will reduce the dependence on developed countries hence curtailing illicit financial flows out of Africa and the developing world.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term CAPITAL FLIGHT CAPITAL OUTFLOW COUNTERFEITING ILLICIT WEALTH SMUGGLING TAX EVASION
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://iffoadatabase.trustafrica.org/iff//why_africa_is_so_poor_yet_so_rich.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type News Articles

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