The Southern African Development Community (SADC) is a region rich in minerals and energy resources. At the same time, though, it is plagued by high rates of poverty and extreme income inequality; indeed, its member states include the three nations of highest income inequality in the world (Namibia, South Africa, and Botswana).
Nkateko Chauke of the Studies in Poverty and Inequality Institute, an independent think tank based in South Africa, is the campaign coordinator for SADC BIG — which promotes a “SADC-wide universal cash transfer to be funded by a tax on extractive industries.”
In honor of Africa Day (May 25th), Chauke wrote an op-ed for the Daily Maverick arguing that “a universal cash transfer, predominantly funded through extractive industries, will be a remarkable stride towards poverty eradication, reduced inequalities among Africans, equal economic participation and overall African unity.”
Through the realisation of a common vision and a consolidation of national interests – with more robust social protection programmes that will ensure the redistribution of of the proceeds of extractive industries to break the crippling levels of poverty and inequality – a unified culture of people will support a long-term agenda for transformation in Africa for the achievement of sustainable development and integration.
Image: Copper mine in Zambia; BlueSalo via Wikimedia Commons
About Kate McFarland
Kate McFarland has written 176 articles.
Kate is a member of BIEN's Executive Committee Basic Income News team. Before joining BIEN, she earned a PhD in philosophy from the Ohio State University (and a masters in statistics before that). She presently holds a part-time administrative position with OSU Philosophy, and she does a lot of unpaid work on behalf of the basic income movement. She's on Patreon (a participant in the BIG Patreon Creator Pledge) to help support her latter unpaid work. (You too can support her there!)