Namibian study says customs union hurts economy

A study carried out by the central bank of Namibia shows that the country's loss was approximately 549m Namibian dollars over a period of 12 years as a result of the Southern African Customs Union (SACU) Common Revenue Pool.

Source: Nampa news agency

The central bank carried out a study to ascertain the revenue losses from the Southern African Customs Union (SACU) Common Revenue Pool, which it estimates to result in millions of Namibian dollars for the country.

The Governor of Bank of Namibia (B