Since 2000, SADC countries have been implementing a programme towards creating a Free Trade Area by 2008, a Customs Union by 2010, a Common Market by 2015 and a Monetary Union by 2018.
However, the last heads of state Summit, in the Lesotho capital of Maseru in August, raised concern about the pace at which SADC's economic integration programme was being implemented. [read more]
SOUTHERN AFRICA is poised for another good agricultural season as weather experts forecast normal rainfall in 2006/07.
According to 10th Southern Africa Regional Climate Outlook Forum (SARCOF), which met in Botswana in September, the rainfall 2006/07 season in SADC will be split into two parts - the first half stretching from October to December and the remainder from January to March 2007.
The SARCOF meeting was convened to come up with a consensus forecast for the rainfall pattern in SADC in 2006/07. [read more]
RELATIONS BETWEEN China and Africa are poised to grow stronger after both sides agreed to strengthen economic, cultural and political ties.
Economic cooperation was one of the main issues that emerged from the Forum on China-Africa Cooperation (FOCAC) held in Beijing in November.
Chinese President Hu Jintao
announced a set of measures,
spanning the whole spectrum of
relations between China and
Africa. The measures covered
political, economic, technological,
social and cultural relations
and are aimed at creating a win-win
situation for both parties.
[read more]