Efforts to increase trade along TKC intensify
Friday, September 01, 2017
The TKC, a road network spanning approximately 1,900 kilometres across the territories of Botswana, Namibia and South Africa, could unlock great commerce and trade opportunities to the three economies in the area of tourism, transport and logistics sectors.
Through its secretariat, the TKC seeks to contribute towards deeper regional integration programmes of the Southern African Development Community (SADC), Southern African Customs Union (SACU) and the New Partnership for Africa’s Development (NEPAD).
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...