Tag: SACU

While only 39 per cent of Lesotho’s world exports are destined for the rest of Africa, 78 per cent of world imports are sourced from other African countries; all most all with ne...

The Southern African Customs Union (SACU), comprising Botswana, Eswatini, Lesotho, Namibia and South Africa, is a customs union (CU) with duty-free[1] intra-SACU trade and a common...

National news Retail trade confidence edged up in Q3 – Bureau for Economic Research (Business Report) The Bureau for Economic Research (BER) on Monday said that retail trade co...

South Africa’s Minister of Finance, Mr Tito Mboweni, chaired the 4th joint Finance and Trade Ministers’ virtual Ministerial Retreat meeting on 21 September 2020. The Ministers ...

Opening Remarks by Ebrahim Patel, Chairperson of the SACU Ministers of Trade and Industry and Minister of Trade, Industry and Competition, South Africa The objective of this Meeti...

On 30 June 2020, the United Kingdom (UK) and the European Union (EU) passed a final threshold. Although the UK formally left the EU on 31 January in terms of the Withdrawal Agreeme...

For 2019, Namibia’s intra-Africa exports of US$2.4 billion accounted for 37% of Namibia’s world exports, while 66% of Namibia’s world imports were sourced from other African ...

For 2019, 92% of Eswatini’s world exports were intra-Africa, 72% of which were exports to South Africa. Similarly, 77% of world imports were sourced from other Africa countries, ...

For 2019, 95% of Botswana’s total intra-Africa trade was with neighbouring South Africa and Namibia. 68% of the US$743 million worth of intra-Africa exports were to South Africa,...

The Seychelles cabinet this week approved the AfCFTA draft initial offer for Seychelles under the Protocol for Trade in Services African Medicines Agency update: Burkina Faso beca...

Southern African Customs Union (SACU) SACU is a customs union with a common external tariff applicable to imports from outside the common customs area irrespective of the destinat...

The South African Revenue Service (SARS) today released trade statistics for April 2020 recording a trade deficit of R35.02 billion. These statistics include trade data with Botswa...

African leaders mull 2021 as AfCTA’s new take-off date (This Day) The Secretary-General of the AfCFTA Secretariat, Mr Wamkele Mene, spoke during a webinar on the “Political ec...

Tariff, trade remedy and safeguard investigations in South Africa are undertaken by the International Trade Administration Commission (ITAC), which is responsible for the administr...

This Working Paper provides some policy options confronting members of the Southern African Customs Union (SACU) and the Common Monetary Area (CMA) arrangements, which are closely ...

Intra-Africa trade profile for 2018 In 2018, Namibia exported and imported goods to and from the rest of Africa to the value of US$2.4 billion and US$5.4 billion, respectively. In...

Tributes continue to pour in following the death of Nigeria's chief trade negotiator and one of the AfCFTA's architects, Ambassador Chiedu Osakwe.  A selection: (i)  Dav...

The Southern African Customs Union (SACU) is a customs union (CU) and is in operation since 1910. It has a single customs territory and a Common External Tariff (CET). SACU is also...

SACU’s reforms in shreds (Southern Times) Namibia’s Finance Minister Calle Schlettwein, who last week became the chairperson of the SACU Council of Minister, admitted to The S...

AfCFTA ratification update, from @ch_nji: “It’s done, Cameroon has ratified the AfCFTA today, 19 July 2019. Instrument of ratification to be deposited with the depository in th...