Dar es Salaam, Feb. 4 -- PERHAPS one of the UNs most ambitious and longstanding projects  the launching of 17 Sustainable Development Goals (SDGs) is aimed, among other things, at helping developing nations eradicate extreme poverty by 2030. But that elusive goal has made little or no significant progress.

And now comes a new report from Oxfam, “Takers Not Makers” which finds that in 2024 alone, billionaires amassed $2 trillion in wealth, and nearly four new billionaires were minted every week.

“Not only has the rate of billionaire wealth-accumulation accelerated by three times but so, too, has their power. The failure to stop billionaires is now spawning soon-to-be trillionaires. At this pace, we wont see one tri...