- At a recent meeting in Cape Verde, march 21, the Technical committee of the Economic Community of West African States are impeding an resolution which will see a region-wide Common External Tariff (CET) implemented. This will result in lowering the barriers to free trade and tighter economic integration within the region. At the meeting, the regional experts have discussed the draft CET for the region and draft regulations on “highly taxed inputs, customs evaluation and regional integration community levy” that are set to replace the existing ones.
- The Commissioner of the Economic, Monetary and Financial Policies Commission of CEMAC, Paul Tasong has addressed the need for the organisation to change it’s public approach from “simply doing line items in the budget to aligning to specific programmes with indicators on the basis of which we can in due course evaluate what has been done” Mr. Tasong has been critical in that “the current authorities should be not only aware of the existence of directives, but also willing to translate these directives into local legislation all within a time-frame.” The comments are a part of a state visit made by Mr. Tasong to Cameroon on March 26, 2013
- Zambia has ratified last Monday the convention on the free movement of people in the Southern African Development Community (SADC). The move is seen as a way to boost national tourism across all 30 member states. Zambia specifically aims at raising the number of tourists this year from 1 million to 2 million people. Minister of Tourism and Arts Sylvia Masebo has stated that “tourism is one of the fastest growing sectors and contributes significantly to the gross domestic product which eventually creates jobs and alleviates poverty.” Helder Tomas, UNWTO deputy regional director for Africa has added that tourism which is ranking as the fourth fastest growing industry doesn’t get much media attention.