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

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

GD6 theft rising as police arrest SA trio

BOCRA issues fines for fake phones

No body viewing: Mass burial for 45 accident victims

Jonny Mokhali, Cultures Spears deliver but......

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