SADC heads meet

GOVERNMENT

|
Image: By BiztechAfrica
SADC heads meet

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.  



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE GOVERNMENT NEWS

NCC postpones 2.6GHz spectrum auction again

Nigeria’s telecoms industry regulator, the Nigerian Communications Commission (NCC), has again postponed the proposed auctioning of the 2.6 gigahertz (GHZ) spectrum band it started about two week ago.  Read More

Public private partnerships panacea to broadband development, says Etisalat chief

Chief Executive Officer of Etisalat Group, Ahmad Julfar has identified public private partnership (PPP) as one approach that could help African countries boost broadband development. He argued that access to broadband is a basic right for everyone. Read More

Experts commend Rwanda as a model in using ICT and e-Governance

Policy makers and experts in ICT gathered in Kigali for the Commonwealth e-Governance Forum Africa from 24-25 March 2015 have commended Rwanda as a model in using ICT and e-Governance for sustainable development.  Read More

Pay APC N500m, court orders NCC, telcos - NCC appeals

As the presidential election draws near, a Federal High Court has ordered the regulator of the telecoms sector, the Nigerian Communications Commission (NCC) and five other telcos to pay the All Progressives Congress (APC) the sum of N500 million for unlawfully shutting down the party’s presidential campaign fund-raising platform. Read More

CPC reads riot act to telcos, banks, others over consumer rights breaches

Nigeria’s Director-General, Consumer Protection Council (CPC), Mrs. Dupe Atoki, has warned telcos, banks, Pay TV service providers and others in the country that end is near for the flagrant abuse of customers’ rights. Read More

Togo launches Digital School Togo project

The West African nation of Togo has launched the pilot phase of ‘Digital School Togo’, a project that is aimed at introducing digital technology in teaching and underpinning the critical importance of ICTs in the education system. Read More

Ghana Presidency gets a new E-Cabinet platform

Ghana’s cabinet on Thursday witnessed a major boost as the President John Dramani Mahama unveiled a new E–Cabinet platform to used by himself and members of his cabinet.  Read More

DRC, World Bank launch construction of CAB5

Construction work of the Central African Backbone (CAB) Phase 5 was officially launched this week by Thomas Luhaka, Democratic Republic of Congo VPM in charge of posts, telecoms and ICTs. Read More

Ghana VP woos Japanese power investors

Ghana’s Vice President K. B. Amissah-Arthur has concluded his visit to Japan with a call on Japanese investors to take advantage of huge investment opportunities offered by Ghana. Read More

BotswanaPost launches Money Order Corridor to South Africa

Setshedi Botlhole-Mmopi is the Acting Chief Executive of BotswanaPost Another trans-border money transfer deal has been revealed by BotswanaPost. This time, Botswana has targeted South Africa after completing a successful deal with ZimPost of Zimbabwe. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

2bn priced out of internet access2bn priced out of internet access

A new report from the Alliance for Affordable Internet shows that the price of broadband remains prohibitive for billions in developing and emerging countries, with women and rural dwellers hardest hit.

IN DEPTH

Villagers get solar training at Barefoot College Villagers get solar training at Barefoot College

The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India.