Fresh gridlock grips SACU

Mmakgato-Malesu
Mmakgato-Malesu

Nerves raw from a protracted spat over a revised revenue sharing formula and with the opening salvo fired in the sensitive industrialisation talks, a fresh crisis is threatening the world’s oldest customs union, the Southern African Customs Union. Bottlenecks have emerged in the establishment of trade commissions by member states, meant to promote industrialisation-friendly tariffs, tackle dumping and determine eligibility for infant-industry protection. This week, trade and industry minister, Dorcas Makgato-Malesu, takes Staff Writer, MBONGENI MGUNI, to the heart of the matter

BusinessWeek: Please shed light on the new trade commission we understand the government is establishing.

Makgato-Malesu: It was agreed in terms of the 2002 SACU Agreement that member countries would set up their own commissions whose job would be to set up tariffs and all the other duties of such bodies. SACU itself is to have a tariff board being a regional body linking up all the member countries’ commissions.

Editor's Comment
Your vote matters

This period, running from May 20 to 31 2024, is crucial for those who have not yet registered to vote. This announcement comes in response to a significant shortfall in registered voters following the recent registration period. As it stands, only 62% of the target number of voters registered, leaving a considerable gap.With Botswana's general elections scheduled for October, every eligible citizen needs to register and exercise their...

Have a Story? Send Us a tip
arrow up