Microsoft PowerPoint - PRESENTATION ON POLICY ISSUES WITHIN SADC by presmaster

VIEWS: 29 PAGES: 12

									              MatConstruct 2005
           Policy Dialogue Workshop
    Policy Development and Implementation
• Investment in Southern Africa
   – Southern Africa in the context of Africa
      • FDI inflows for 2004 were relatively high, but remained small as
        a percentage of world FDI inflows (3%)
      • Over the past 10 years – Africa’s share has risen by less than
        1%
      • Expected to increase in 2005
      • Most inflows were in natural resource exploitation
      • North Africa attracted highest inflows in 2004
      • FDI inflow to Southern Africa decreased
          MatConstruct 2005
       Policy Dialogue Workshop
Policy Development and Implementation
• - Promotes poverty alleviation by encouraging SMEs

  - Promotes reduction of HIV/AIDS. Transmission by
  encouraging greater use of local communities.

  - Contributes to poverty reduction by encouraging
  SMEs and labour intensive techniques in construction

  promoting policy dialogue by supporting formation
  of IO’s who can engage in policy dialogue with
  governments institutions
                 MatConstruct 2005
              Policy Dialogue Workshop
       Policy Development and Implementation
• Investment in Southern Africa
   –   FDI Inflows to Africa and their share in gross capital formation 19985 – 2004 (UNCTAD,
       World Investment Report)
              MatConstruct 2005
           Policy Dialogue Workshop
    Policy Development and Implementation
• Investment in Southern Africa
   – Conditions to promote investment
      •   Economic and social stability
      •   Large and expanding markets
      •   Low and stable interest rates and inflation
      •   Effective economic policy
      •   Low business transaction costs
      •   Low cost infrastructure
      •   Free trade and foreign exchange regimes
              MatConstruct 2005
           Policy Dialogue Workshop
    Policy Development and Implementation
• The role of SADC in creating condition for
  investment
   – Investment profile
      • Richly endowed with agricultural, mineral and human
        resources
      • Combined population of more than 200 million
      • SADC embarked on programme aimed at achieving macro-
        economic stability
              MatConstruct 2005
           Policy Dialogue Workshop
    Policy Development and Implementation
• The role of SADC in creating condition for
  investment
   – Institutional arrangements
      • Major restructuring process initiated in 2001
      • New structure
          –   Summit
          –   Troika
          –   Organ on Politics, Defence and Security
          –   Integrated Committee of Ministers
          –   SADC National Committees
          –   SADC Secretariat with four key directorates:
                 » Trade, Industry Finance and Investment
                 » Food, Agriculture and Natural Resources
                 » Infrastructure and Services
                 » Social and Human Development & Special Programmes
              MatConstruct 2005
           Policy Dialogue Workshop
    Policy Development and Implementation
• The role of SADC in creating condition for
  investment
   – Investment related policies
      • Trade Protocol
      • Key elements:
          – Liberalise trade in goods and services
              » Free trade area by 2008
              » Customs union by 2010
              » Common market by 2015
          – Improve climate for domestic, intra-regional and foreign
            investment
              MatConstruct 2005
           Policy Dialogue Workshop
    Policy Development and Implementation
• The role of SADC in creating condition for
  investment
   – Investment related policies
      •   Development of a Finance and Investment Protocol
      •   Currently in process
      •   Bottom-up approach
      •   Member countries agree through MoUs
      •   MoU on Macro-economic Convergence
           – Establish a macro-economic policy coordination framework for
             macro-economic stability in the SADC region
               » Low and stable inflation
               » Prudent fiscal policies
               » Minimising market distortions
              MatConstruct 2005
           Policy Dialogue Workshop
    Policy Development and Implementation
• The role of SADC in creating condition for
  investment
   – Investment related policies
      • MoU on Cooperation in Tax and Related Matters
          – Seeks to harmonise tax regimes
          – Foster cooperation and capacity building in the area of taxation


      • Finalisation of MoU on Investment
          – Ongoing activity
          – Harmonising key investment policies in the region
          – Presenting a united and coherent regional position international
            investment
                MatConstruct 2005
             Policy Dialogue Workshop
      Policy Development and Implementation
•   The role of SADC in creating condition for investment
     – Investment related policies
        • Finalisation of Finance and Investment Protocol
            – Key activities:
                » Approval and monitoring of the ratification process of the
                  Finance and Investment Protocol
                » Development of the implementation program of the Finance
                  and Investment Protocol at country level
                » Facilitation of the Harmonisation of Regulatory Investment
                  Framework
                » Facilitation of the operationalisation of the Guidelines and
                  Fiscal Framework
                » Facilitation of the Private Sector in SADC processes
                MatConstruct 2005
             Policy Dialogue Workshop
      Policy Development and Implementation
•   The role of SADC in creating condition for investment
     – Stakeholder involvement
        • At the country level
            – SADC National Committees
            – Relevant Ministries


        • At the regional level
            – Regional Chambers of Commerce
            – Regional Industry Associations
            MatConstruct 2005
         Policy Dialogue Workshop
  Policy Development and Implementation

Promotes poverty alleviation by encouraging SMEs

  -    Promotes reduction of HIV/AIDS. Transmission by encouraging
  greater use of local communities.

  - Contributes to poverty reduction by encouraging SMEs and labour
  intensive techniques in construction

  promoting policy dialogue by supporting formation of IO’s who can
  engage in policy dialogue with governments institutions

								
To top