SADC-EU EPA creates impetus for Botswana cattle farmers
Friday, August 04, 2017
Taking into account the different levels of development of the partners, the EPA gives Botswana, Lesotho, Mozambique, Namibia, and Swaziland duty-free, quota-free access to the European market.
Having come into effect in October last year, the new SADC-EU EPA framework is gradually bearing fruit, as most cattle farmers are already exploiting it.
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...