Southern African Economic Area

EENI- School of International Business

Subject: The Southern African Economic Area. Syllabus:

1. Introduction to the Southern Africa Economic Area of the African Civilisation
2. The Economic Profile of the Southern African Countries
3. Businesspeople in the Southern African Economic Area
4. Christianity in the Southern African Economic Area
5. Interactions of the Southern African Economic Area with the rest of the African Economic Areas (West Africa, Central Africa, East Africa, and Maghrebian)
6. Interactions of the Southern African Economic Area with the economic areas of the other civilisations
7. Logistics in Southern Africa
8. Economic institutions related to the Southern African Economic Area

The objectives of the subject “The Southern African Economic Area”:

1. To define the economic characteristics of the Southern African Economic Area
2. To know the economic profile of the Southern African Countries
3. To understand the influence of Christianity on the Southern African Economic Area
4. To understand the processes of economic integration in the Southern African Economic Area
5. To analyse the main business people
6. To explore the economic relationships with the others economic areas of the other civilisations
7. To analyse the main economic institutions related to the Southern African Economic Area

Description of the Subject: The Southern African Economic Area:

The Southern African Economic Area consists of seven countries: Botswana, Lesotho, Namibia, Swaziland, South Africa, Zambia, and Zimbabwe.

1. English is the main language in the region besides local languages
2. The largest economic engine of Southern Africa is South Africa, the second African Economy
3. The main religion in Southern Africa is Christianity
4. Largest ports in Southern Africa are the Port of Durban and the Port of Walvis Bay
5. Trans-African corridors across Southern Africa are the Cairo-Gaborone Corridor, the Tripoli-Windhoek Corridor, the Lobito Corridor, the Beira-Lobito Corridor, the North-South Corridor

Personalities and Business People of Southern Africa: Nkosazana Dlamini-Zuma, Patrice Motsepe, Bridgette Radebe, Irene Charnley, Sifiso Dabengwa, Wendy Appelbaum, Monica Katebe Musonda, Strive Masiyiwa, Cyril Ramaphosa, Cheryl Carolus, Rapelang Rabana, and Divine Ndhlukula

In Southern Africa there are several Regional Economic Communities:

1. All the countries in the region belong to the Southern African Development Community (SADC) and therefore are members of the COMESA-EAC-SADC Tripartite Agreement (Tripartite Agreement)
2. Botswana, Lesotho, Namibia, South Africa, and Swaziland are members of the Southern African Customs Union (SACU)
3. Swaziland, Zambia, and Zimbabwe are members of the Common Market for Eastern and Southern Africa (COMESA)
4. Zimbabwe and South Africa have a trade agreement
5. Zambia is a member of the International Conference on the Great Lakes Region

Tripartite member countries

All the countries in Southern Africa are members of the African Development Bank, the New Partnership for Africa's Development (NEPAD), the African Union (UA), and the Economic Commission for Africa (CEA).

Interactions of the Southern African Economic Area with the other civilisations

1. Lesotho and Zambia are beneficiaries of the Generalised System of Preferences (SPG) of the EU
2. The European Union has free trade agreements with South Africa and the Southern African Development Community (SADC)
3. Botswana, Lesotho, Namibia, South Africa, Swaziland, Zambia, and Zimbabwe are members of the Cotonou Agreement of the European Union (EU)
4. The European Free Trade Association (AELE) has a trade agreement with the Southern African Customs Union (SACU)
5. All the Southern African Countries, except Zimbabwe, are beneficiaries of the African Growth and Opportunity Act (AGOA) of the United States
6. The MERCOSUR has a trade agreement with the Southern African Development Community (SADC)
7. South Africa is a member of the Indian-Ocean Rim Association (IORA)
8. India has an agreement with the Southern African Customs Union
9. COMESA countries are members of the COMESA-United States Trade and Investment Framework Agreement
10. All the Southern African Countries are beneficiaries of the Arab Bank for Economic Development in Africa (BADEA), the Afro-Arab Cooperation, the Summit of South American-Arab Countries (ASPA), the Africa-Turkey Partnership, and the Asia-Middle East Dialogue (AMED)

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