SADC aims to tackle cross-border cartels

The prevalence of cross-border competition problems has compelled competition authorities in the Southern African Development Community (SADC) region to cooperate in the enforcement of competition laws.

This was testified by the recent signing of a memorandum of understanding (MOU) in Gaborone by competition authorities in the region.

Speaking at the event, senior programme officer of trade at the SADC Secretariat, Jabulani Mthethwa said the signing of the MOU is a culmination of a consultative process, which commenced last July at an extra ordinary meeting to develop a MOU on inter-agency cooperation.   

Editor's Comment
Botswana at a critical juncture

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...

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