• News
  • Sport
  • TV
  • Radio
  • Education
  • TV Licences
  • Contact Us
No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • SCI-TECH
  • LIFESTYLE
  • FEATURES
  • OPINION
Home Africa

Seamless movement of goods among member states needed to achieve SACU objectives: Masisi

30 June 2022, 12:03 PM  |
Ntebo Mokobo Ntebo Mokobo |  @SABCNews
Botswana's President Mokgweetsi Masisi speaks during the 76th session of the United Nations General Assembly at the UN headquarters in New York, US, September 23, 2021.

Botswana's President Mokgweetsi Masisi speaks during the 76th session of the United Nations General Assembly at the UN headquarters in New York, US, September 23, 2021.

Image: Reuters

Botswana's President Mokgweetsi Masisi speaks during the 76th session of the United Nations General Assembly at the UN headquarters in New York, US, September 23, 2021.

President Cyril Ramaphosa has joined four other regional leaders in Botswana to discuss ways to ramp up the movement of goods and services among five Southern African Customs Union (SACU) member states.

The SACU member states include South Africa, Botswana, Lesotho, Namibia, and the Kingdom of Eswatini.

[PICS]: President @CyrilRamaphosa arriving in the Republic of Botswana through the Sir Seretse Khama International Airport on a Working Visit to attend the 7th Southern African Customs Union Summit of Heads of State and Government. #SACUSummit #BetterAfricaBetterWorld 🌍 pic.twitter.com/PLtJE4X1R7

— Presidency | South Africa 🇿🇦 (@PresidencyZA) June 30, 2022

Currently, intra-SACU trade is estimated at around R215 billion with South Africa’s exports standing at around R164 billion while importing goods and services worth R50 billion from other member states.

In his opening address of the 7th Southern African Customs Union summit, SACU Chairperson and Botswana President Mokgweetsi Masisi says to achieve the SACU objectives they need to ensure seamless movement of goods and services among member states.

“Guided by our aspiration for regional industrial development, we need to take lessons from what we could have done differently to inform what we do going forward. This will enable us to efficiently harness our limited resources to implement our post-Covid recovery plan. As members of the customs union, stronger regulatory and administrative collaboration can only aid us in responding in a coordinated manner to facilitate the seamless movement of goods within the common customs area. It is only through mutual partnerships that our people and traders can derive the maximum benefit from what SACU aims to achieve. “

 

#SACU President Masisi:I am pleased that we are able to meet physically, your presence here shows the importance SACU plays in our nation’s. #sabcnews

— #LordOfTheMedia (@samkelemaseko) June 30, 2022

#SACU Masisi:We are meeting in challenging times Geo-politically. The way we used to do things before #COVID19 seems to be gone. We are also battling socio-economic ills. #sabcnews

— #LordOfTheMedia (@samkelemaseko) June 30, 2022

#SACU Masisi:The surge in inflation is threat and rising cost of food. The war between Russia and Ukriane is making our economies worse. #sabcnews

— #LordOfTheMedia (@samkelemaseko) June 30, 2022

Masisi #SACU should also evolve in the changing economic times. #sabcnews

— #LordOfTheMedia (@samkelemaseko) June 30, 2022

Share article
Tags: TradeSACUEconomies
Previous Post

Internet cut in Sudan’s capital ahead of pro-democracy protests

Next Post

Four men arrested in connection of kidnapping of Cape Town businessman

Related Posts

Soldiers guard positions near the Naaba Koom military base in Ouagadougou, Burkina Faso. (File)

Gunmen kill two MSF workers in west Burkina Faso

8 February 2023, 9:17 PM
[File photo] A Nigerian woman, unnamed to protect her identity, who told Reuters she received an abortion under a secret program run by the Nigerian military, poses for a portrait in an undisclosed location in Nigeria, September 28, 2020.

Nigeria panel conducting army probe says it will refer rights violators for prosecution

7 February 2023, 6:03 PM
A doctor's office

Health Ministers’ Conference to look at ways to tackle pandemics

7 February 2023, 10:56 AM
UN Oryx helicopter came under fire and a crew member was killed

UN peacekeeping mission condemns fatal shooting of SA soldier in Goma

6 February 2023, 9:04 PM
A smartphone with Facebook's logo is seen in front of displayed Facebook's new rebrand logo Meta in this illustration taken October 28, 2021.

Meta can be sued in Kenya by ex-content moderator, the country’s court rules

6 February 2023, 1:19 PM
A U.N. vehicle patrols the streets before the polls open for the presidential election in Bamako, Mali July, 29 2018.

Mali expels UN mission’s human rights chief

6 February 2023, 7:44 AM
Next Post
Hand cuffs seen on this picture with the key close by.

Four men arrested in connection of kidnapping of Cape Town businessman

Most Viewed

  • 24hrs
  • Week
  • Month
  • Green comet to be visible from SA next week
  • SA Weather Service warns of maximum temperatures in Cape Town
  • VIDEO: Mabuza resigns as SA Deputy President
  • Budding Stellenbosch FC star reportedly stabbed to death
  • Several areas in Gauteng without water
  • Parts of the Northern Cape to be exempted from rolling blackouts
  • Green comet to be visible from SA next week
  • Registration at Unisa closes on Friday, but management says no need to panic
  • VIDEO | St Benedict College’s Matric learner gets 11 distinctions
  • Limpopo matriculant from child-headed household attains diploma pass
  • Several areas in Gauteng without water
  • ‘Sisulu should be fired for her unacceptable behaviour’
  • Zuma vs Ramaphosa heads to the ConCourt
  • Gauteng’s Health Department confirms a third case of cholera in Johannesburg
  • Turkey-Syria quake death toll passes 7 800

LATEST

The multi-stakeholder group believes there are solutions to the power crisis that do not have to include the declaration of a national state of disaster.  
  • SONA 2023
  • South Africa

Legal battle on horizon if Ramaphosa declares a national state of disaster over Eskom crisis


Gavel seen in a courtroom
  • South Africa

E Cape Health exempts from making upfront lump sum payment in case of medico-legal claim


Soldiers guard positions near the Naaba Koom military base in Ouagadougou, Burkina Faso. (File)
  • Africa

Gunmen kill two MSF workers in west Burkina Faso


Power lines
  • Eskom rolling blackouts
  • Business

Six Eskom power stations identified as primary cause of rolling blackouts


Shopping cart loaded with grocery.
  • SONA 2023
  • Business

CEOs of CGCSA-member companies highlight rising cost of doing business in SA


  • SONA 2023
  • Politics

Disruptions to President’s SONA will be firmly dealt with: Mapisa-Nqakula


Weather

  • About the SABC
  • Contact Us
  • Jobs
  • Advertise
  • Disclaimer
  • Site Map

SABC © 2023

No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • SCI-TECH
  • LIFESTYLE
  • FEATURES
  • OPINION

© 2022

Previous Internet cut in Sudan’s capital ahead of pro-democracy protests
Next Four men arrested in connection of kidnapping of Cape Town businessman