There was always the possibility of a financial panic that could, if unchecked, threaten not only the financial institutions but also the course of the real economy.
The older and more mature markets should share their experiences and resources with the emerging partners in a spirit of equality and common destiny. The Committee of SADC Stock Exchanges should also specifically advocate a regulatory framework for the region’s financial markets that conforms to international best practices. In ending, I thank you for your attention and wish you fruitful deliberations.