Member states challenged to prioritise value addition
SADC members states have been urged to prioritise value addition of their products as a stepping stone to meeting the region’s development goals.
Over the past 10 years, the region has been implementing the SADC Industrialisation Strategy and Roadmap, with the first phase running from 2015 to 2020 and the second phase, which is aligned to the SADC Vision 2050, running from 2021 to 2050.
The strategy’s main aim is to drive economic and technological transformation and emphasises industrialisation as a key driver for sustainable economic and social development, leveraging the region’s diverse resources through beneficiation and value addition.
Addressing delegates during the Plenary of the 7th SADC Industrialisation Week yesterday, SADC Secretariat executive secretary Mr Elias Magosi said it was critical for member states to develop policies and regulations that drive industrialisation.
“One of the main things is to make sure that no products leave the region without value addition. That way, we not only create the much-needed jobs locally and make a real contribution to the region’s GDP but also we are sharing our knowledge, expertise and unique gifts with the rest of the world as well as adding our own mark to the global value chains,” he said.
Mr Magosi said it was also important for both member states and the SADC secretariat to engage directly with businesses and industry since the latter were the ones creating, adding value and industrialising.
“They (member states) must enable industry in the true sense of the word and not just simply talk about it. A deliberate focus must be placed on the creation of and support to market access for those businesses and industries pursuing and leading the industrialisation effort.
“Real and meaningful access to markets is the oxygen that these businesses need to survive, without it they will suffocate and perish, which is the outcome, I believe, we all dread. As they say charity begins at home, member states themselves must underline this; we must love, buy and consume these products,” he said.
Mr Magosi said the intention of SADC was to build coalitions to enhance understanding and co-operation among stakeholders on how to implement the SADC industrialisation strategy and roadmap 2015 to 2063.
He said the event also served to enhance engagement on the implementation of the strategy at both national and regional levels, encouraging regional companies, youth and women’s participation to showcase their innovations as well as learn from each other.
“This seventh industrialisation segment is among others, offering a platform, an opportunity to interact and share experiences on how best to deliver industrialisation and structural transformation to the region’s economies,” Mr Magosi said.
He said the Secretariat had developed the Protocol on Science, Technology and Innovation to foster co-operation and promote development, transfer and mastery of science, technology and innovation in the member states.
A consolidated report on the operation of this protocol, which was concluded in March, showed a decent start to the implementation since it came into force seven years ago.
“It highlights increased awareness about the Protocol in member states, especially within Government, regulators, scientists, businesses and the media. The Protocol continues to serve as a useful guide to strengthen regional co-operation and integration in Southern Africa,” Mr Magosi added.