Sadc maintains focus on industrialisation

industry

Business Editor
THE Southern African Development Community (Sadc) Council of Ministers concluded its progress review meeting in Gaborone, Botswana Tuesday with a resolve to continue pushing the regional industrialisation agenda aimed at boosting economic growth in member states.

Industry and Commerce Minister, Mike Bimha, attended the meeting in which ministers received the 2015-16 report of activities and approved the annual corporate plan for 2016-2017.

“It was just a progress review meeting as we continue to focus on the regional industrialisation thrust within the tripartite arrangement with Comesa,” said Bimha in an interview.

The ministers held discussions between Monday and Tuesday during which progress reports on the implementation of plans for the financial year 2015/16 were received as well as a review implementation of previous council and summit decisions, the Sadc secretariat said.

It said the meeting was a build-up from preparatory meetings that took place early this month in Gaborone.

The ministers also considered focus areas and the budget for 2016/17, particularly on updates on the development of the action plan for the implementation of the Sadc industrialisation strategy and roadmap and on the implementation of the Revised Regional Indicative Strategic Development Plan (Revised RISDP) 2015-2020.

“Council approved the proposed annual corporate plan for 2016/17 and the major focus areas for the financial year and other decisions and measures related to issues such as human resources, administration and environment.

In her opening remarks, Sadc executive secretary, Stergomena Lawrence Tax gave an overview of the key achievements during 2015/16 financial year, the plan and focus for 2016/17.

“The plan and budget focus for financial year 2016/17 continues to be on the implementation of RISDP priorities, industrialisation, and consolidation of peace and security,” she said.

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