ity, destructive development policies, extreme poverty and demands for immediate relief for the sake of survival.

The Problem Statement

If Southern Africa intends to succeed, a new look is required of the region’s social capital capabilities using fre

Introduction

The relevance of the Southern African Development Community (SADC) regional integration process emanates in part from the view that there is a trade-off between regional integration and integration with the global economic system. Whilst integration with the global economy could provide the impetus for economic growth, regional integration could provide the required protection from the ills of globalization. This argument is based upon the belief system that regionalism could be used as an instrument to create a new equilibrium that balances the protection of the vulnerable and the interests of the particular population living in that environment against the integrative, technological dynamics associated with globalization.

In this regard the SADC can typically be classified as a vulnerable region as it is dealing with a marriage of third and first world realities characterized by the existence of cultural colonialism accompanied with perceptions of higher and lower cultures, severely distorted levels of inequality, destructive development policies, extreme poverty and demands for immediate relief for the sake of survival.

The Problem Statement

If Southern Africa intends to succeed, a new look is required of the region’s social capital capabilities using fres

ration with the global economy could provide the impetus for economic growth, regional integration could provide the required protection from the ills of globalization. This argument is based upon the belief system that regionalism could be used as an instrument to create a new equilibrium that balances the protection of the vulnerable and the interests of the particular population living in that environment against the integrative, technological dynamics associated with globalization.

In this regard the SADC can typically be classified as a vulnerable region as it is dealing with a marriage of third and first world realities characterized by the existence of cultural colonialism accompanied with perceptions of higher and lower cultures, severely distorted levels of inequality, destructive development policies, extreme poverty and demands for immediate relief for the sake of survival.

The Problem Statement

If Southern Africa intends to succeed, a new look is required of the region’s social capital capabilities using fre

to create a new equilibrium that balances the protection of the vulnerable and the interests of the particular population living in that environment against the integrative, technological dynamics associated with globalization.

In this regard the SADC can typically be classified as a vulnerable region as it is dealing with a marriage of third and first world realities characterized by the existence of cultural colonialism accompanied with perceptions of higher and lower cultures, severely distorted levels of inequality, destructive development policies, extreme poverty and demands for immediate relief for the sake of survival.

The Problem Statement

If Southern Africa intends to succeed, a new look is required of the region’s social capital capabilities using fre

ypically be classified as a vulnerable region as it is dealing with a marriage of third and first world realities characterized by the existence of cultural colonialism accompanied with perceptions of higher and lower cultures, severely distorted levels of inequality, destructive development policies, extreme poverty and demands for immediate relief for the sake of survival.

The Problem Statement

If Southern Africa intends to succeed, a new look is required of the region’s social capital capabilities using fre

ity, destructive development policies, extreme poverty and demands for immediate relief for the sake of survival.

The Problem Statement

If Southern Africa intends to succeed, a new look is required of the region’s social capital capabilities using fresh and creative business strategies, which will build on mutual foundations of trust. This implies amongst others a need to develop strong partnerships between all the stakeholder groups that can be unified into a strong wish power supported by a congruent business approach.

The Proposed Business Network Solution

The new business development strategy in Southern Africa should emphasize the endogenous business sector, of which the informal small business sector is the most important factor. It is estimated that the majority of Southern Africa’s working population operates in the informal economic sector without legislation, insurance, employee protection or rules. It is therefore important to integrate the informal small businesses into the formal economic sector as it may serve as the springboard to effective enterprise development in the SADC.

The second step is to ensure that all small businesses are well embedded in open business network relationships in order to enable them to search and obtain resources that they