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THE SACU COUNCIL OF MINISTERS HELD ITS 41ST MEETING ON THE 29TH OCTOBER 2020
The Southern African Customs Union (SACU) Council of Ministers held its 41st Meeting, virtually, on the 29th October 2020. The Meeting was chaired by Honourable Tito Mboweni, Minister of Finance of South Africa and attended by the respective Ministers responsible for Trade and Industry, and Finance in the SACU Member States.
SACU SECRETARIAT HOSTED THE 4TH MINISTERIAL RETREAT
The Southern African Customs Union (SACU) Secretariat hosted the 4th SACU Council Ministerial Retreat on 21 September 2020, virtually. The Council Retreat was attended by all the Ministers responsible for Trade and Industry, and Finance in SACU Member States. It was chaired by Honourable Tito Mboweni, Minister of Finance for South Africa, who is the current Chairperson of the SACU Council of Ministers.
CHANGE OF THE SACU CHAIRMANSHIP
The Republic of South Africa assumed the Chairmanship of the SACU Summit, Council of Ministers and Commission, effective from the 15th July 2020 to the 14th July 2021, taking over from the Republic of Namibia. On the same day SACU also marked 110 years of existence as the oldest operating Customs Union in the world.