Botswana's P8bn SACU nightmare

It is a worrying image of a group of small economies namely Botswana, Lesotho, Swaziland held hostage by the dominating economic power of South Africa. Botswana is set to suffer irreparable damage if South Africa has its way and the new revenue calculation system is implemented. This country will lose as much as 2 per cent of its GDP. Other SADC countries watch with trepidation for the future of further regional economic integration hangs in the balance.

Mmegi publishes Grynberg's article, entitled SACU Revenue Sharing Formula and the Future of SADC. He writes in his personal capacity and his views are not necessarily those of BIDPA.