This report is a compilation of some of the preparatory work that informed that process Read more
The majority of countries in the SADC region are endowed with vast mineral resources. Between them, South Africa and Zimbabwe are host to approximately 80 percent of the world’s Platinum Group Minerals (PGMs) and chromite resources.
Industrialisation is the period of social and economic change that transforms a society from being solely agrarian-based into highly mechanised production, involving the extensive re-organisation of an economy for the purpose of manufacturing. As incomes rise for industrial workers, the markets for consumer goods and services of all kinds tend to expand and provide a further stimulus to industrial investment and economic growth.
The SADC region is well-endowed with natural resources, and most economies are dominated by the extractive industries. Exports from the region have largely been of primary commodities and there has been little investment in beneficiation and development of the industrial sector.