‘David and Goliath’ reach a gentleman’s agreement

Friday, August 12, 2022 | 1720 Views |

Combining forces: Presidents Masisi and Ramaphosa with their respective trade ministers at last week’s meeting
PIC: BITC FACEBOOK

From decades of living in the economic shadow of South Africa, Trade Minister, Mmusi Kgafela says an agreement has been reached to not compete but cooperate towards industrialisation. His counterpart, Ebrahim Patel, says the bigger prize is working together to replace the trillions Africa spends on imports. Staff Writers, MBONGENI MGUNI and PAULINE DIKUELO report

The matter of South Africa’s economic dominance of Botswana and other Southern African Customs Union (SACU) member states has boiled under the surface of various meetings between the regional neighbours over the decades.

COVID-19 sharply brought the debate to the fore.

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