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Tag Archives: Customs Union

Is South Africa the World’s Most Generous Donor?

South Africa

South Africa transfers just over R50 billion a year to Botswana, Lesotho, Namibia and Swaziland with no strings attached By ALEXANDER O’RIORDAN The Southern African Customs Union (SACU) is most easily identifiable in Botswana’s, Lesotho’s, Namibia’s and Swaziland’s (BLNS) use of the South African Rand as the basis for their own currencies, albeit through printing their own versions of the ... Read More »