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
Accra to become first ‘Centre of Excellence’ in Africa with Microsoft CityNext applicationsMicrosoft Ghana, the Accra Metropolitan Assembly and the Global Alliance of Mayors and Leaders from Africa and African Descent signed an agreement to make the city of Accra in Ghana Africa’s first ‘Centre of Excellence’, through the use of Microsoft’s CityNext applications. Read More
Malawi Government levies tax on Internet/SMSThe Malawi Government has announced that it will levy a 10 percent excise duty on mobile phone text messaging as well as all data transfers, including internet and similar services. Read More
Ghana’s 800km fibre optic backbone commissionedGhana’s President John Dramani Mahama has commissioned an 800km Eastern Corridor Fibre Optic backbone which runs through 20 districts. Read More
NIMC infrastructure must be managed by credible people: NIMC chiefNIMC’s chief speaks to Kokumo Goodie about the role of the NIMC and his own legacy. Read More
Kenyan ICT on track for strong growthThe Kenyan government projects that the country’s ICT sector will approach 20% growth by 2017, with the government making every effort to help boost this growth. Read More
Ghana commissions enhanced CICsGhana’s Minister for Communications, Dr. Edward Omane Boamah, has commissioned and handed over an Enhanced Community Information Centre (E-CIC) to La Nkwantanang-Madina Municipal Assembly in the Greater Accra Region under the e-governance project. Read More
Rwanda hosts Africa Broadband and Universal Service Funds ForumThe Africa Broadband and Universal Service Funds (USF) forum brought together broadband stakeholders from all over Africa in Kigali for a three-day forum this week. Read More
Airtel, Ghana Communications Ministry promote girls in ICTAirtel Ghana has partnered the Ministry of Communication to celebrate International Telecommunication Union Girls in ICT Day. Read More
Alcatel-Lucent, Algeria to build Orval undersea cable systemAlcatel-Lucent and the Algerian Ministry of Post, Information Technology and Communications have signed a turnkey agreement for the deployment of the Orval system, an over 560 km fiber-optic undersea cable that will link Oran in Algeria to Valencia, Spain. Read More
Finalists announced for African Utility Week Industry AwardsThe finalists have been announced for the African Utility Week Industry Awards, with the winners to be honoured at the annual African Utility Week and Clean Power Africa in Cape Town from 12-14 May. Read More
FEATURED STORYThe transformative power of affordable smartphones and unlimited data in Ghana
Smartphones are helping transform their lives of ordinary people in Ghana, Reports Nana Appiah Acquaye.
BEST READ NEWS
IN DEPTHNIMC infrastructure must be managed by credible people: NIMC chief
NIMC’s chief speaks to Kokumo Goodie about the role of the NIMC and his own legacy.