SADC in talk to enhance the bloc’s cooperation in finance, economy, and investment sectors
Treasury and central bank officials from SADC member states met in Harare to discuss regional financial integration, including the SADC Regional Development Fund and payment systems. The meeting also addressed concerns regarding proposed import and tourism levies and strategies to combat money laundering.
Why it matters
Regional economic cooperation is essential for the development of the Southern African bloc, though balancing revenue generation with sector growth remains a point of contention.
HARARE: THE Permanent Secretary in the Ministry of Finance, Dr Natu El-Maamry Mwamba, has led the delegation of the United Republic of Tanzania at the Southern African Development Community (SADC) Treasury Secretaries and Senior Central Bank Officials Meeting, which is being held in Harare, Zimbabwe, discussing various issues of financial cooperation, investment and economic development in the region.
The report summarizes a multi-lateral meeting and the various viewpoints presented by member states.
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