CAPE TOWN South Africa (Xinhua) --
The Southern African Development Community (SADC)
region and Africa as a whole will remain a strategic foreign
policy priority for South Africa in 2019, Minister of
International Relations and Cooperation Lindiwe Sisulu said on
“We believe that
stability in the SADC region and the continent is the
cornerstone for socio-economic development in our country and in
Africa,” Sisulu said in a Christmas Eve message.
She said her country
will work with all in the region and continent to achieve an
Africa free of conflict and to fast-track the implementation of
the African Union’s Continental Free Trade Area Agreement so
that business people in the SADC region and the rest of the
continent can do business easily with one another.
South Africa, Sisulu
said, is striving to become the business capital on the
continent and a transport and technology connection hub.
financial and modern transport sector is playing an important
role in developing the SADC region’s infrastructure,” the
The SADC must be
connected through road, rail and air transport, as well as
technology and communications, for business to grow, Sisulu
Beginning from next
year, South Africa will take its non-permanent seat in the
United Nations Security Council for the next two years.
Sisulu said she will
engage diplomats early next year to discuss her country’s
approach and the issues it should focus on during its tenure.
Among the issues are
silencing the guns in Africa, addressing the scourge of
extremism and terrorism; and protecting women, children and
civilians in conflict situations, Sisulu said.
diplomatic achievements South Africa has made in 2018, Sisulu
said South Africa
convenes conference to boost stagnant economic growth
JOHANNESBURG South Africa (Xinhua) --
With South Africa’s economic growth predicted to
grow at 0.8 percent for 2018, a colloquium to discuss proposals
that would help accelerate growth levels convened in Pretoria on
international economists present at the event are called by
Finance Minister Tito Mboweni to look at his economic policy in
an effort to revive growth.
Mboweni said that
the stagnant growth could be disastrous for the economy.
economy is not growing at a rate which we like, and that has a
number of implications for all of us,” the minister said before
the start of the event which was held behind closed doors.
significant implication is poor revenue collection which leads
to other things,” Mboweni said, adding that the economic growth
has not kept up with population increase.
Discussions at the
colloquium would place emphasis on interventions that encourage
new models to support faster economic growth. Proposal emanating
from the conference would be submitted to cabinet in 2019.