Botswana

Possible Breakup of World's Oldest Customs Union

Topics: Trade
Countries: Botswana, South Africa

Today's Business Week reports that a disagreement between the EU and South Africa is threatening the unity of the Southern African Customs Union, the world's oldest customs union. Last year several countries broke rank with South Africa, signing a trade agreement with the EU. It is feared that South Africa may use this as a reason to disband the union entirely.

If South Africa does break ranks with other participating countries including Botswana, Namibia, Swaziland and Lesotho, tariffs protecting Namibian beer makers from European beer would not apply to countries like South Africa. The result would be the inability of Southern African countries to effectively protect certain industries (and in this case a significant loss to the global beer supply as well as domestic economies).

African Economies Not Liberal Enough

Today the Economist posted a briefing on the 2008 Freedom of the World report published by the Heritage Foundation and the Wall Street Journal, concluding that in recent years "African countries have made negligible progress liberalising their economies."

For the most part, although not without exception, the Heritage Foundation’s correlation between incomes per head and economic freedom holds good. Seven of the ten economically most free African economies (Mauritius, Botswana, South Africa, Namibia, Tunisia, Swaziland and Cape Verde) are, in fact, middle-income states. Uganda, Madagascar and Kenya, however, are very low-income countries.

From the Archives

Leadership in Botswana

Topics: HIV/AIDS, Corporations
Countries: Botswana
Previously filed under: Africa, Health
Corporations are increasing their involvement in fighting HIV/AIDS, both as a dimension of social responsibility and as an effort to protect their workforce and clientele.

Breaking News

Rising energy costs eroding Asia's competitive edge

International Herald Tribune - Fri, 07/04/2008 - 04:10
Much of Asia's export-based economic miracle has been predicated on cheap transportation and energy, but with oil at $140 a barrel the sums increasingly don't add up.

Weather plays larger role in global fuel prices

Yale Global Online - Wed, 07/02/2008 - 21:00
As the world grows more reliant on crops like corn and palm oil for its fuel supply, it is becoming vulnerable to the many hazards that can damage agriculture, ranging from droughts to plagues to storms.

Agriculture needs green growth

All Africa - Thu, 07/03/2008 - 03:54
Caution needs to be exercised in developing African food production to avoid long-term social and environmental harm.

Bush asks for help, abroad and at home, in sending aid to Africa

New York Times - Wed, 07/02/2008 - 22:15
President Bush called for Congress to renew his global AIDS initiative and urged other nations to live up to their promises to fight poverty and disease on the continent.

Egypt fights to stem rapid population growth

International Herald Tribune - Fri, 07/04/2008 - 10:28
Since President Hosni Mubarak took office in 1981, the population has nearly doubled to 82 million people.

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