Some of the other partners in SADC hold an understandable fear that their economic independence will be jeopardised by a too aggressive policy of economic integration of the region. The role that South Africa plays within SADC must therefore be approached with tact and ingenuity. South Africa was given the responsibility for managing and developing the Finance and Investment Protocol2.
For this purpose, there is a Council of Ministers of Finance that meet from time to time under the chairmanship of the South African Minister of Finance to give guidance to a programme for closer financial co-operation amongst the participating countries in SADC.