A closer look at the SADC Industrialisation Strategy
Friday, June 02, 2017
King Mswati is presently leading the strategy as the current SADC chair
The Southern African Development Community (SADC) has embarked on an ambitious path to transform into a manufacturing region instead of being consumer-driven. The 43-year plan will see regional member states trading among themselves, working on joint venture projects, freeing the movement of goods and people and converging with the African Union among other things.
At last week’s media familiarisation workshop, SADC brains tried to unpack the strategy stating that: “The central challenge facing Africa is how to transition from the commodity-dependent growth path in which African countries find themselves to value-adding, knowledge-intensive and industrialised economies”.
“Your and my legitimacy relies on fighting corruption, discrimination and seeking justice.”– Imam KhameneiThis is laid bare in the recently released Auditor General’s report of 2023. The report highlights that government was plundered off millions of pula in wasteful expenditure and irregular procurement at a time when the country was grappling for every thebe to save its citizens. The report reveals that millions set aside for the...