The Southern African Development Community-SADC has called on the private sector in the region to identify value-chains to enhance economic growth.
SADC Executive Secretary Stergomena Lawrence Tax says the participation of the private sector in identifying value chains in the region would help realize the much desired regional economic growth.
Dr. Tax pointed out that SADC member states should identify new areas of economic growth through industrialization and working with the private sector.
She called upon Heads of State and Government in the region to put in place conducive policies for investment so that private sector involvement is realized.
Dr. Tax said this today at the official opening of the 37th Ordinary SADC Summit in Pretoria, South Africa.
Meanwhile, Zambia’s Veteran Journalist Patson Phiri was today presented with the SADC media award in the print category and becomes the first Zambian Journalist to win a regional award for three times.
Mr. Phiri who works as a Public Relations Officer at Lusaka Water and Sewerage Company won the award in 2012 and 2016.
The theme for this year’s summit is “Partnering with the private sector in developing industry and regional value-chains”.
Host President Jacob Zuma yesterday took over Chairmanship of SADC taking over from Swaziland’s King Mswati III.