SADC Finance Ministers to Meet in Harare for Financial Integration

Finance and Investment Ministers from the Southern African Development Community (SADC) are set to gather in Harare, Zimbabwe, on July 2, 2026, for a crucial meeting aimed at advancing financial integration across the bloc. The gathering will also include the Peer Review Panel.

South African Finance Minister Enoch Godongwana, in his capacity as chair of the Committee of Ministers of Finance and Investment, will lead the session. Senior officials from treasuries and central banks will conduct preliminary meetings on June 29 and 30 to prepare technical inputs. Their work will advise the ministers on several pressing regional priorities.

The agenda is packed with critical economic matters. Ministers will focus on capital market development and the implementation of the SADC Real-Time Gross Settlement (RTGS) system. The RTGS system is designed to expedite cross-border payments, reducing reliance on non-regional intermediary banks and thereby enhancing financial efficiency within the SADC.

Further discussions will involve reviewing the operationalization of the SADC Regional Development Fund, advancing anti-money laundering frameworks, and analyzing the outcomes of the May 2026 Foreign Affairs Ministers Retreat. This retreat evaluated how evolving global geopolitical developments might impact the southern African region, providing context for the finance ministers' deliberations on economic stability and cooperation.