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".

You may also like this
Latest Stories
Black gold: Minergy is one of the MDCB’s investments through a convertible loan. The coal mine is eyeing a turnaround in fortunes this year PIC: MINERGYCOAL.COM

The audacity to be a unicorn

Mbongeni Mguni | 19 Apr 2024

Faulty gadgets top complaints to BOCRA

Mbongeni Mguni | 8 h ago

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 2d ago

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 2d ago

IEC rejects 2,513 registrations

Innocent Selatlhwa | 2d ago

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 2d ago

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 2d ago

Serowe man 'loses' P1m in trading

Pini Bothoko | 2d ago
Read Print Edition
front page 1
Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024
Selefu
No Image
Have a Story? Send Us a tip
arrow up
Explore Subscribe to Mmegi Online
Receive latest and breaking news via email
About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Latest News
News
Business
Sport
Lifestyle
Features
Opinion & Analysis
Blogs
Sponsored
World
Full Picture
Featured Video
© 2020 - Dikgang Publishing Company. All Rights Reserved.