SADC heads meet
GOVERNMENT| Aug. 19, 2012, 10:22 a.m.
SADC Heads of State met in Maputo this weekend to review regional integration and investment, among other matters.
During the meeting, the Summit elected Armando Emilio Guebuza, the President of the Republic of Mozambique and President Joyce Banda of the Republic of Malawi as Chairperson and Deputy Chairperson of SADC, respectively. The Summit also elected Jakaya Mrisho Kikwete, President of the United Republic of Tanzania and H.E. President Hifikepunye Pohamba of the Republic Namibia as Chairperson and Deputy Chairperson of the SADC Organ on Politics, Defence and Security Cooperation, respectively.
President Guebuza indicated that his chairpersonship would, amongst others, focus on the Development Corridors as Vehicles for SADC Regional Integration that need to be harnessed due to the role they play in consolidating social dimensions of development and the regional integration process.
The Heads of State focused on peace initiatives in the SADC region, as well as the need to deepen regional integration, improving the economic situation and the alleviation of poverty.
Speaking at the Summit, Donald Kaberuka, President of the African Development Bank (AfDB), said there were liquidity challenges at the global level, arising from the Eurozone crisis, and challenged member states to mobilise resources for investment in projects for Africa and particularly for the SADC Region.
The Summit noted that the economic performance of the region was characterized by a slow economic growth as shown by a decline in real GDP from 5.5% in 2010 to 4.7%, in 2011 and a stagnant level of average inflation at 8.3%. This trend was largely influenced by developments in the global markets especially in the Eurozone.
The Summit also reviewed progress in the implementation of the regional economic integration agenda; and received a report on the framework of the SADC Customs Union from the Ministerial Task Force on Regional Economic Integration outlining key elements for the Customs Union, in particular the parameters, benchmarks and a model Customs Union for SADC including the sequencing of activities. The Heads of State noted progress made towards the establishment of the Tripartite Free Trade Area, especially preparatory work to facilitate negotiations under the chairpersonship of the SADC Region.
The Summit also noted progress made towards the operationalization of the SADC Regional Development Fund, a financial mechanism intended to mobilise resources from member states, private sector and development partners to finance programmes and projects for regional development and deeper integration. The Summit noted areas of agreement reached in the various aspects of the Fund, including the windows of the Fund with the infrastructure and industrial development windows as top priorities and a subscribed capital of USD1.2 billion to be raised as seed capital.
MORE GOVERNMENT NEWS
BVN fished out 40,000 ghost workersNigeria’s Minister of Industry, Trade and Investment says the Bank Verification Number introduced by the Central Bank of Nigeria has saved the Federal Government billions of naira. Read More
Kenya embraces online motor vehicle registration to fight corruptionIn a bid to weed out corruption and increase efficiency in the road transport sector, the Kenyan government is set to unveil online vehicle registration. Read More
Botswana Post opens new money transfer corridorsBotswanaPost says it has launched another two money transfer routes – to Lesotho Postal Services and Swaziland Postal Services. Read More
International Conference on the Internet on in GaboroneThe University of Botswana is hosting the First International Conference on the Internet, Cyber Security and Information Systems in Gaborone to the 20th May 2016 at The Gaborone International Convention Center (GICC). Read More
Again, NCC’s 2.6GHz spectrum auctions fall throughThe planned 2.6 gigahertz (GHz) spectrum auction scheduled by Nigerian Communications Commission (NCC) may have fallen through. Read More
Government rules out OTT regulation in GhanaGhana’s Deputy Minister of Communication, Ato Sarpong, has told key industry players in Accra that the government has no intention of regulating over-the-top operations in the country. Read More
Rwanda, MasterCard collaborate on cashless societyThe Government of Rwanda has announced a collaboration with MasterCard to fast-track the country’s move to include 90 percent of its citizens in the financial mainstream. Read More
Mobile spam: NCC reads riot act to telcosWorried by a flurry of complaints, the Nigerian Communications Commission has warned mobile network operators to take decisive action to curb unsolicited text messages and calls to customers. Read More
NCC chief urges Fed Govt to relax forex policyThe Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, has urged the Federal Government to consider relaxing its forex policy for telecommunications companies. Read More
FEATURED STORYGovernment should encourage youths in ICT early
Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.