Sacu reviews contentious revenue-sharing formula

Tuesday, June 22, 2010

The Southern African Customs Union (Sacu), which is commemorating its centenary this year, has initiated an independent evaluation of the prevailing revenue-sharing agreement, in line with a recent Sacu Council of Ministers resolution

.The Sacu secretariat, which is based in Windhoek, Namibia, recently issued a request for consultants to bid for the compilation of a study into the structure and operation of the agreement and submissions were due by June 21.

Therefore, the study, which is expected to take 12 weeks to complete, would not be concluded by July 15, when South Africa will host a Sacu Heads of State summit to "discuss the challenges facing the union".

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Sacu reviews contentious revenue-sharing formula

The Southern African Customs Union (Sacu), which is commemorating its centenary this year, has initiated an independent evaluation of the prevailing revenue-sharing agreement, in line with a recent Sacu Council of Ministers resolution

42 out of 45 bodies of Limpopo bus crash victims identified

Selefu

Selefu

Civil Society threatens court action over constitution amendment

Fans urged to fill up stadium

Coaches take jabs ahead of derby

A city divided!

Civil Society threatens Masisi with legal action

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