Mugabe calls for value add at SADC summit
Zimbabwean president and SADC chair Robert Mugabe has called for value addition and beneficiation in the poverty stricken region.
In his opening speech at the ongoing SADC summit, Mugabe highlighted the abundant resources in the region, saying despite the abundant resources 80% of the populace of the region lives in poverty.
Mugabe also touched on agriculture, saying the region derives 10% from its products from this sector, which highlights the need for added value and beneficiation.
On trade in the region, he said the value was too low compared with other regions.
“If we remain exporters of raw materials we will never go anywhere while other economies flourish.
“SADC exports 10% to Europe while Asian countries export some 27%," said Mugabe, adding that industrialisation is now a must.
He also said the summit must deliberate on poverty eradication measures. “Let the summit be a step to achieve the ideals of our founding fathers in SADC and Africa as a whole.”
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation