The Southern African Development Community (SADC) is set to hold a high-level meeting of its Committee of Ministers of Finance and Investment, along with the Peer Review Panel, on July 2, 2026, in Harare, Zimbabwe.

The gathering aims to deepen economic cooperation among member states, enhance macroeconomic surveillance, and accelerate the integration of capital markets and investment frameworks across the region.South African Finance Minister Enoch Godongwana will chair the ministerial session in his role as head of the committee.

In preparation for the meeting, senior treasury officials and central bank representatives will convene on June 29 and 30 to finalize technical inputs and provide policy recommendations on key regional economic priorities.The agenda includes several strategic issues central to SADC’s financial integration goals.

Among them is the development of regional capital markets and the rollout of the SADC Real-Time Gross Settlement (RTGS) system, which is designed to facilitate faster and more efficient cross-border payments by reducing reliance on external intermediary banking systems.

Ministers will also review progress on the establishment of the SADC Regional Development Fund, an initiative intended to mobilize resources for infrastructure and economic development projects across member states.

Additionally, discussions will address the strengthening of anti-money laundering frameworks to improve financial transparency and stability within the bloc.

The meeting will further consider outcomes from the May 2026 Foreign Affairs Ministers Retreat, particularly in relation to how global geopolitical shifts are affecting economic conditions in Southern Africa.Overall, the session reflects SADC’s ongoing efforts to build a more integrated, resilient, and coordinated regional financial system.