Single market underway
Published On June 15, 2015 » 1201 Views» By Administrator Times » Business, Columns
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BRIEF-CASETHREE regional economic communities (RECs) last week launched the Tripartite Free Trade Area (TFTA), setting the stage for the establishment of a single market for the 26 countries involved.
The single market will be for the Common Market for Eastern and South Africa (COMESA), Eastern Africa Community (EAC) and Southern African Development Community (SADC).
The Government should, therefore, through the relevant ministries, explain to the stakeholders, especially the business community the meaning of this so that at full establishment, they will take advantage of the arrangement.

‘Speak with one voice’

THE government officials should speak with one voice on fundamental economic policies to inspire and maintain investor confidence.
BRIEFCASE observes that while Mines, Energy and Water Development Minister Christopher Yaluma has stated Government position on further
reduction of mineral royalty tax for underground mining other officials have been emphasising possible adverse results of that move.
This is retrogressive and confusing to the investors as well as citizens.

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