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
Botswana Ministry in 5th ICT conferenceBotswana’s Ministry of Transport and Communications will hold the 5th Annual ICT Pitso (conference) on the 4th and 5th of September 2014 at Tlotlo Hotel in Gaborone. Read More
Nigeria launches MasterCard-branded National eID cardsThe Nigerian Identity Management Commission (NIMC) has begun the issuance of 13 million MasterCard-branded National eID cards, with President Goodluck Jonathan the first to receive his card. Read More
Minister warns about social mediaA junior minister has advised Batswana to be very cautious of the now popular social media, saying it has become a scourge and harbinger of many criminal acts including terrorism. Read More
Which African president has the best website?The presidency of Togo, a tiny West African nation of six million people, has the best presidential website in Africa out of the 40 countries surveyed by Jeune Afrique magazine. Read More
Multimillion Kwacha traffic project questionedPlayers in the transport system have questioned the decision to settle for MOVESA and Fischer Consortium as the eligible bidder to upgrade Maltis. Read More
Statistics Botswana conducts ICT surveyStatistics Botswana (SB) has embarked on the first-ever nationwide Botswana Information & Communication Technology (ICT) survey, targeting 2,440 households. Read More
Rwanda Online platform officially takes offThe Government of Rwanda and Rwanda Online Platform Limited have kicked off the first phase of the Rwanda Online platform, set to establish an integrated public service platform for Government to Business and Government to Citizen services. Read More
Congo Brazzaville, Cameroon customs go hi-techCongo-Brazzaville and Cameroon have agreed to seek the help of ICTs to computerise their customs services. Read More
Candidates decry lack of internet in villagesAspiring parliamentary candidates have decried lack of technology in the villages bordering the urban spaces and beyond. Read More
FEATURED STORYSafaricom-Equity battle for mobile banking hots up
Equity bank's entry to the mobile banking and telephony industry is still hanging in the balance with London-based global association of mobile operators (GSMA) calling for independent audit.
BEST READ NEWS
IN DEPTHKenya rolls out e-extension to improve agriculture
In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.