08 September 2010

SACU Council of Ministers

Constitution and Mandate

• The Council of Ministers consists of Ministers of Finance and Trade from each Member State.
• The mandate of the SACU Council of Ministers is contained in Article 8 0f the 2002 SACU Agreement.
• It is the supreme decision making authority of SACU matters.

Chairpersonship of SACU since the signing of the 2002 Agreement which came into force in July 2004

• July 2004 - Namibia, through the Honourable Minister of Finance Ms. S. Kuugongelwa-Amadhila
• July 2005 - South Africa, though the Honourable Minister of Finance Mr. T. Manuel
• July 2006 - Swaziland, through the Honourable Minister of Finance Mr. Majozi Sithole
• July 2007 - Botswana, through the Honourable Minister of Finance Mr. Baledzi Gaolathe.
• July 2008 - Lesotho, through the Honourable Minister of Finance Dr. Timothy Thahane.
• July 2009 - Namibia through the Honourable Minister of Finance Ms. S. Kuugongelwa-Amadhila