Page 8 - Profmark BSA Guide 2025

SOUTH AFRICAN DEVELOPMENT COMMUNITY (SADC)

The Southern African Development Community (SADC) is a regional economic
community, comprising the following 16 member states: Angola, Botswana, Comoros,
Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Malawi, Mauritius,
Mozambique, Namibia, Seychelles, South Africa, Tanzania, Zambia and Zimbabwe.
The SADC continues to be committed to promoting sustainable and equitable
economic growth and socio-economic development, so that the region emerges as a
competitive and effective player in international relations and the world economy. The
vision of SADC is one of a Common Future, a future within a regional community that
will ensure economic well-being, improvement of the standards of living and quality of
life, freedom and social justice and peace and security for the people of Southern
Africa. In order to fulfil the SADC mission statement, member states are guided by the
following principles, as stated in Article 4 of the SADC Treaty:
■ Sovereign equality of all member states.
■ Solidarity, peace and security.
■ Human rights, democracy and the rule of law.
■ Equity, balance and mutual benefit, and
■ Peaceful settlement of disputes.
African Continental Free Trade Area Agreement (AfCFTA)
SA signed a free trade agreement that has the objective of implementing free trade
on the African continent. In other words, AfCFTA creates a single continental market
for goods and services in Africa. It further aims to reduce trading problems such as
different regulations from one African country to another.

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