ECONOMIC & MARKET INTELLIGENCE: The new poor and implications for the Zim investor

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RECENT research from the World Bank estimates that approximately 40-60 million people will be pushed into extreme poverty (number people living on less than USD1.90 a day) in 2020 as a result of the Covid-19 pandemic. This would be the first increase in world poverty in 22 years. While Sub-Saharan Africa (SSA) has been hit…