New SACU agreement redistributes regional income.

Position:Business Briefs - Southern African Customs Union - Brief Article - Statistical Data Included
 
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Eight years down the line, South Africa, Lesotho, Swaziland and Botswana were finally due to sign a revised Southern African Customs Union (SACU) agreement in which South Africa would continue to subsidise its smaller neighbours, but without the harmful effects on its fiscus experienced in the past.

SACU is an agreement between the four countries that facilitates a free flow of goods and...

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