The globalisation process The liberalisation of the South African financial sector and concurrent developments in the structure of and volumes in the capital, money and foreign exchange markets supported the absorption of the South African markets in the process of globalisation.
The theme for this year’s session – the African Continental Free Trade Area: creating fiscal space for jobs and economic diversification – comes in the wake of the historic decision in Kigali earlier this year, when forty-four African Heads of State and Government signed up to a new Continental Free Trade Area (CFTA).