SACU to 'clean house' at SA meeting

Friday, July 02, 2010

SACU's five member states have a packed agenda to plough through at their forthcoming Heads of State and Government meeting in South Africa where the world's oldest customs union will focus on mending rifts that have been widening for more than a year.

Last June, SACU 100-year unity was dealt a blow when Namibia and South Africa held back from signing an interim Economic Partnership Agreement (iEPA) with the European Union while Botswana, Swaziland and Lesotho went ahead.

The iEPA and disagreement on further discussions with the EU created instability within SACU, with some commentators predicting its demise.

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