Sat, 10 Jun 2017 08:51:37 +0000 By PRINCE CHIBAWAH DESPITE having rich mineral resources, the number of Zambians living in abject poverty still remains high across the country, Catholic Diocese of Solwezi bishop Charles Kasonde has said. He attributed the high levels of poverty to public financial mismanagement and natural resource plunder. “After a decade of buoyant growth, almost half of Zambians still live on less than $1.25 dollars a day,” he said. Bishop Kasonde said this in speech read on his behalf by his Vicar General Fr Neal Mulyata during the first provincial mining indaba held at Bishop Potani Lodge in Solwezi. “Between 2004 and 2014, I am sure we all watched Zambia’s recent impressive economic growth with fascination and this progress was laudable. “However, in the past three years, dropping copper prices, disturbing increases in inequality and poverty, as well as losing money through natural resource plunder and financial mismanagement, have been a […]
