the monitor

Private sector urged to seize AfCFTA opportunities

With geopolitical disruptions and inconsistent trade relations amongst nations, African economies have been called on to rely on one another to weather the storms. SADC Executive Secretary, Elias Magosi, said last week that shifting U.S. tariff regimes to the prolonged war in Ukraine are destabilising global value chains.

He added that these disruptions raise freight costs and squeeze the already fragile job markets across Southern Africa.

“These developments force us to confront a hard reality: Africa must rely more on itself,” Magosi said at a high-level African Continental Free Trade Area (AfCFTA) conference in Gaborone.

Editor's Comment
Warm relations must not come at the expense of fair trade

“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...

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