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”.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...