Skip to main content

The SADC economy.

The SADC is the Southern African Development Community, it consists of 16 southern African countries. These being: 
Angola, 
Botswana, 
Comoros, 
Democratic Republic of Congo, 
Eswatini, 
Lesotho, 
Madagascar, 
Malawi, 
Mauritius, 
Mozambique, 
Namibia, 
Seychelles, 
South Africa, 
Tanzania, 
Zambia & 
Zimbabwe.


These are some resources SADC has & the strange trade choices some SADC leaders make: 

• Angola has oil, but Zambia & Namibia next door buy oil from Saudi Arabia & Kuwait. 

• Namibia has beef, but Angola next door buys its beef from Brazil. 

• Zimbabwe has coal at Hwange, but Mozambique buys coal from China. 

• Zambia buys 360 million litres Saudi Arabian fuel. We can buy from Angola. 

• Angola spends US$ 500 million on Brazilian beef. They could buy from Namibia. 

• Mozambique spends US$ 312 million on coal. They could buy from Zimbabwe. 

• Malawi buys US$ 48 million grain from UAE per year. Tanzania next door produces grain. 

• Angola buys US$ 57 million fish from Argentina per year. Namibia next door is the largest fish producer in sub-Saharan Africa. 

• South Africa spends US$ 262 million per year on beef from Brazil. Botswana has 14 000 tons of beef. 

• Angola pays US$ 56 million for fish from Portugal. Namibia is largest fish producer in sub-Saharan Africa. 

• Zambia exports copper everyday. Trucks exit our country via Sesheke to Walvis Bay for 60 years straight. 

• Botswana has been exporting diamonds for the past 30 years. 

• Zimbabwe has been exporting gold to China since Chairman Mao. 

• A short while ago, Malawi banned flour from Tanzania but Malawi spends over US$ 40 million on cereal from UAE. 

• South Africa spends US$ 1.6 billion on fuel & products from Brazil, Angola in SADC has fuel. 

Losses: 
• US$ 109 billion exits SADC shores each year.
• SADC could have US$ 32 billion rotating in SADC economies per year if it focuses on inter-SADC trade. 
Labels:

Comments

Post a Comment

Popular posts from this blog

The problem with a single African currency.

Preword: It's funny because one of the main reasons I found the courage to blog on African matters was due to a West African(?) gentleman who proposed the concept of a said "swal" & "zul" as a continental African currency in a blog. His boldness & conviction in his idea just captivated me & today I have to debunk this idea of his. But, hopefully, Africa sees why. African technologies & financial solutions Oh, Africa. We are so romantic; "United States of Africa", "Single African currency", "African unity", "Ubuntu"... all these fluffy, lovey-dovey concepts that will be ripped to shreds in the globalised world.  I debunked why a United States of Africa would likely collapse as soon as it sees the light of day. Today, I will debunk the concept of a "Single African currency" & explain why it would leave our enemies salivating.  I can't blame people who like stuff like United States of Africa...
Post a Comment
Read more

A viable single African currency concept.

The original reason why I believe a single African currency would not work. Below is how we could attempt to make it work.  The many currencies of Africa. To prevent destabilization of the continent's economy, there could be two currencies: The Lami  for countries lying mostly north of the equator & the Ng'ombe  for countries mostly south of the equator. Both currencies would be independent with the Lami having it's bank & headquarters in Addis Ababa while the Ng'ombe could have it's bank & headquarters in Nairobi.  N.B.: Gabon, Congo-Brazzaville, DRC & Kenya would use the Ng'ombe currency while Uganda & Somalia would use the Lami currency.  North of equator = Lami  South of equator = Ng'ombe   More stable countries with higher GDP per capita could be first to use the new currencies i.e. Seychelles, Mauritius, Gabon, Botswana, Libya, Equatorial Guinea, South Africa, Algeria, Na...
Post a Comment
Read more

What did King Shaka look like?

I've heard some people quoting from King Shaka's praises claiming that he was "like the sun" therefore light-skinned. But I'd like to ask how comparisons with the sun equate with being light-skinned? If anything, if King Shaka was light-skinned, they'd compare him to something terrestrial like the colour of a cow hide, wood or other object because very few extraterrestrial objects have the colour of any human skin. Even white people are called "ondlebe zikhanya ilanga" ('those who have translucent ears") & not  "abakhanya okwelanga" ("those who shine like the sun"). King Shaka's mother was from Elangeni & there is the Langa clan in KZN, all of them are black with many being exceptionally dark-skinned so I don't think the comparisons comparing King Shaka with the sun have anything to do with his complexion. Even the whites who first saw him & drew him wrote that he was dark & fairly tall. I also don...
Post a Comment
Read more