SADC Finance Ministers Sign Tax Harmonisation Agreement
The South African Finance Ministry yesterday hosted a meeting of South African
Development Community (SADC) Finance Ministers, in which a memorandum of understanding
with regard to tax harmonisation and greater macroeconomic convergence in the
region was signed. In a statement released prior to the meeting of the 14 member community, the
Finance Ministry announced that the meeting, hosted by South African Finance
Minister, Trevor Manuel, would also be considering the role of finance ministers
in the NEPAD (New Partnership for Africa's Development) recovery plan, and would
be receiving a report on money laundering activities in Southern and East Africa. The 14 members of the SADC community are Angola, Botswana, Democratic Republic
of Congo, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South
Africa, Swaziland, Tanzania, Zambia, and Zimbabwe. .
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