Home » General » ZIMBABWE’S MUGABE ARRIVES IN PRETORIA TO ATTEND WEEKEND’S SADC SUMMIT

PRETORIA, President Robert Mugabe has arrived in Pretoria to attend the 37th Summit of Heads of State and Government of the Southern African Development Community (SADC) to be held in the South African administrative capital this weekend.

The 2017 summit of the 15-nation sub-regional bloc will be held under the theme, "Partnering with the private sector in developing industry and regional value chains", a theme which the Deputy Director-General of South Africa's Department of International Relations and Co-operation, Xolisa Makaya, says is aimed at addressing two key issues which can help move SADC's industrialization agenda.

He says the first segment of the theme, "Partnering with the private sector", focuses on the need to build the region's capabilities both inside and outside of Government to support industry, while the second component, "Developing industry and regional value chains", focuses on attracting private sector players to the prioritised value chains.

The SADC adopted the industrialisation programme during President Mugabe's tenure as chairman of the bloc between 2014 and 2015. The ambitious strategy and roadmap seeks to maximize earnings from the region's abundant natural resources through value addition, to deepen integration, increase intra-trade as well as boost export earnings and create jobs to alleviate poverty.

Makaya says South Africa, which assumes chairmanship of the regional bloc at the Pretoria summit, will use its chairmanship to drive regional industrialization and integration, with three potential growth paths -- agro-processing, mineral beneficiation and downstream processing value chains having been identified.

As part of the overall aim of the summit, a "Regional Industrialization Week" was held from July 31 to Aug 4. This event was a platform for engagement between public and private sectors in relation to the implementation of the SADC industrialization strategy.

Source: NAM NEWS NETWORK

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