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Macroeconomic and Financial Management Institute of Eastern and Southern Africa Tuesday 6 October 2015 for ministers of finance and/or of planning, secretaries of finance and/or of planning and central bank governors combined Event Programme Theme: Leveraging Natural Resources for Economic Transformation

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1

Macroeconomic and Financial Management Institute of Eastern and Southern Africa

Tuesday 6 October 2015

for ministers of finance and/or of planning, secretaries of finance and/or of planning and central bank governors

9 Earls Road, Alexandra Park, P. O. Box A1419, Avondale, Harare, ZimbabweTel: +263 4 745 988/9/91-94 Fax: +263 4 745 547-8 Email: [email protected] Web: www.mefmi.orgTwitter: @mefmiorg#mefmiforum

Macroeconomic and Financial Management Institute of Eastern and Southern Africa

combined

Event Programme

Theme: Leveraging Natural Resources for Economic Transformation

1

Time Event Speaker/Presenter Moderator

OPENING09.00 – 09.30 hours

Welcome Remarks Dr. Caleb M. Fundanga, MEFMI Executive Director

Official Opening Honourable Calle Schlettwein, Minister of Finance, Namibia

1ST SESSION09.30 – 09.40 hours

Role of Leadership in the Management of Natural Resource Revenues in Africa

Ms. Arunma Oteh, Treasurer and Vice President, World Bank Honourable

Patrick Chinamasa, MP, Minister of Finance, Zimbabwe

09.40 – 10.20 hours

Natural Resources Wealth Management:- Highlights from the

2015 Governors’ Forum

Dr. Caleb M. Fundanga, MEFMI Executive Director

10.20 – 10.45 hours

TEA/COFFEE BREAK & GROUP PHOTOGRAPH

2ND SESSION10.45 – 11.45 hours

Transforming Depleting Natural Resources into Income for Growth

Ms. Ekaterina Gratcheva and Mr. Bernard Murira, World Bank Treasury, RAMP

Honourable Claver Gatete, Minister of Finance and Economic Planning, Rwanda

3RD SESSION11.45 – 12.45 hours

Taxation of Natural Resources: Principles and Policy Issues

Mr. Charles S. Makola, Partner-International Tax & Tax Policy, Africa, EY

Dr. Kamau Thugge Principal Secretary, The National Treasury, Kenya

2

Time Event Speaker/Presenter Moderator

12.45 – 14.00 hours

LUNCHRemarks by EY and Investec Asset Management

4TH SESSION 14.00 – 14.50 hours

Sovereign Wealth Fund Management: The Case of Botswana

Ms. Linah K. Mohohlo, Governor, Bank of Botswana

Prof. Benno Ndulu, Governor, Bank of Tanzania

5TH SESSION14:50 – 15:45 hours

Managing Africa’s Revenues: In search of stability and Diversification

Mr. Malan Rietveld, Investec Investment Institute

Mr. Jean Ciza, Governor, Banque de la République du Burundi

15.45 – 16.00 hours

TEA/COFFEE BREAK

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Time Event Speaker/Presenter Moderator

6TH SESSION 16.00 – 16.45 hours

Panel Discussion: Lessons and Way Forward

Participants: 1. Ms. Ekaterina

Gratcheva, World Bank Treasury, RAMP;

2. Mr. Rohan Malik, Partner: Emerging Markets Leader & Deputy Global Government & Public Sector leader, EY;

3. Mr. Malan Rietveld, Investec;

4. Mr. Kristian Flyvholm, Secretary General, International Forum of Sovereign Wealth Funds (IFSWFs)

5. Prof. Emmanuel Nnadozie, Executive Secretary, African Capacity Building Foundation (ACBF)

Mr. Patrick Mutimba, MEFMI Director, Financial Sector Management Programme

16.45 – 16.55 hours

16.55 – 17.00 hours

The Work Afrexim Bank is Doing Across AfricaVote of Thanks and Closure

Dr. Benedict O. Oramah,President of Afreximbank

Mr. José Pedro de Morais, Governor Banco Nacional de Angola and Chair, Board of Governors

18.00 – 20.00 hours

BOOK LAUNCH & COCKTAIL

Director of Ceremonies: Mr. Raphael Otieno, MEFMI Director, Debt Management Programme

4

MEFMI COMBINED FORUM: BOOK LAUNCH AND COCKTAIL

6th October, 2015

SHERATON LIMA HOTEL & CONVENTION CENTRELIMA, PERU

17:45 Arrival of Guests

18:00 - 18:05 Welcome Remarks by Dr. Caleb M. Fundanga, MEFMI Executive Director

18.05 - 18.10 Overview on the 2 books and Book Launch

18.10 – 20:00 Cocktail

Assessing Gains from Natural Resources in the MEFMI Region

Macroeconomic and Financial Management Institute of Eastern and Southern Africa

Focusing on Foreign Direct Investment (1995-2013)Focusing on Foreign Direct

5

ANGOLAHonourable Armando ManuelMinistry of FinanceC.P. 1235Luanda, Angola

Honourable Job GraçaMinistry of Planning & Territorial DevelopmentC.P. 652Luanda, Angola

BOTSWANAHonourable Ontefetse K. MatamboMinistry of Finance and Development PlanningPrivate Bag 008Gaborone, Botswana

BURUNDIHonourable Tabu Abdallah ManirakizaMinistry of Finance and Economic Development PlanningBP 1830Bujumbura, Burundi

KENYAHonourable Henry RotichThe Cabinet SecretaryThe National TreasuryP. O. Box 30007Nairobi, Kenya

Honourable Anne WaiguruThe Cabinet Secretary

Ministry of Devolution and PlanningP. O. Box 30005Nairobi, Kenya

LESOTHOHonourable ‘Mamphono Khaketla Ministry of Finance P. O. Box 395Maseru 100, Lesotho

Honourable Francis Mokoto HloaeleMinistry of Development PlanningP. O. Box 630Maseru 100, Lesotho

MALAWIHonourable Goodall GondweMinistry of Finance, Economic Planning and DevelopmentP. O. Box 30049Lilongwe 3, Malawi

MOZAMBIQUEHonourable Adriano MaleianeMinistry of Economy and FinanceCaixa Postal 272Maputo, Mozambique

NAMIBIAHonourable Calle SchlettweinMinistry of FinanceFiscus Building10 John Meinert StreetPrivate Bag 13295Windhoek, Namibia

CONTACT DETAILS OF HONOURABLE MINISTERS OF FINANCE AND OF PLANNING IN MEFMI MEMBER COUNTRIES

6

CONTACT DETAILS OF HONOURABLE MINISTERS OF FINANCE AND OF PLANNING IN MEFMI MEMBER COUNTRIES

Honourable Tom AlweendoMinistry of Economic Planning & Director General National Panning Commission SecretariatPrivate Bag 13356Windhoek, Namibia

RWANDAHonourable Claver GateteMinistry of Finance and Economic PlanningP. O. Box 158Kigali, Rwanda

SWAZILANDHonourable Martin DlaminiMinistry of FinanceP. O. Box 443Mbabane, Swaziland

Honourable Hlangusemphi DlaminiMinistry of Economic Planning and DevelopmentP. O. Box 602Mbabane, Swaziland

TANZANIAHonourable Saada Mkuya Salum (MP)Ministry of Finance P. O. Box 9111Dar es Salaam, Tanzania

UGANDAHonourable Matia KasaijaMinistry of Finance, Planning and Economic DevelopmentP. O. Box 8147Kampala, Uganda

ZAMBIAHonourable Alexander Chikwanda, MPMinistry of Finance P. O. Box 50062Lusaka, Zambia

ZIMBABWEHonourable Patrick A. Chinamasa, MPMinistry of Finance and Economic DevelopmentNew Government Composite Office ComplexCnr. 4th Street/Samora Machel AvenueHarare, Zimbabwe

Honourable Obert MpofuMinistry of Macroeconomic Planning & Investment PromotionGovernment Composite Building, Samora Machel Avenue Private Bag 7705, CausewayHarare, Zimbabwe

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ANGOLAMinistry of FinanceMr. Leonel Felisberto da Silva Secretary of State of Treasury Ministry of FinanceC P 1235, Rua Amilcar Cabral, Largo da Mutamba, LuandaRepublica de Angola

Ministry of PlanningDr. João Augusto dos SantosDirector of the Cabinet of the Planning and Territorial Development MinisterMinistry of Planning & Territorial DevelopmentLargo 17 de SetembroC.P. 6542Luanda, Republica de Angola

BOTSWANA Ministry of Finance and Development Planning Mr. Solomon M. SekwakwaPermanent SecretaryPrivate Bag 008Government Enclave Khama Crescent Block 25, State DriveGaborone, Botswana

BURUNDIMinistry of Finance, Planning and Economic Development Mrs Julie Ndihokubwayo Permanent SecretaryMinistry of Finance, Planning and Economic DevelopmentBP 1830, Bujumbura, Burundi KENYAThe National TreasuryDr. Kamau Thugge Principal Secretary The National TreasuryTreasury Building, Harambee AveP O Box 30007Nairobi, Kenya

Devolution and PlanningEng. Peter Mangiti Principal SecretaryMinistry of Devolution and Planning P O Box 30005, Nairobi, Kenya

LESOTHOMinistry of Finance Ms. ‘Mapalesa RapapaPrincipal Secretary Ministry of Finance

CONTACT DETAILS PERMANENT SECRETARIES / TREASURY SECRETARIES IN THE MEFMI REGION

8

CONTACT DETAILS PERMANENT SECRETARIES / TREASURY SECRETARIES IN THE MEFMI REGION

Africa House, Kingsway RoadP. O. Box 395, Maseru 100, Lesotho

Ministry of Development PlanningMrs. Teboho ‘Mokela Acting Principal Secretary Ministry of Development PlanningP.O. Box 630, Maseru 100, Lesotho

MALAWI Ministry of Finance, Economic Planning & DevelopmentDr. Ronald Mangani Secretary to the TreasuryFinance Building, Capital HillP. O. Box 30049. Lilongwe 3, Malawi

Ministry of Finance, Economic Planning & DevelopmentMr. Yona KamphaleActing Secretary for Economic Planning & Development P O Box 30136Lilongwe 3, Malawi

MOZAMBIQUEMinistry of Economy and Finance Permanent SecretaryMinistry of Economy and Finance Caixa Postal 272Maputo, Mozambique

NAMIBIA Ministry of FinanceMs. Ericah B. ShafudahPermanent SecretaryPrivate Bag 13295Windhoek 9000, Namibia

National Planning CommissionMr. Andries Leevi HungamoPermanent SecretaryGovernment Office Park, Luther StreetPrivate Bag 13356Windhoek, Namibia RWANDA Ministry of Finance and Economic Planning Mrs. Kampeta Sayinzoga PitchettePermanent Secretary & Secretary to the TreasuryP O Box 158, Kigali, Rwanda

SWAZILANDMinistry of FinanceMr. Bheki BhembePrincipal SecretaryMinistry of FinanceMinistry of Finance BuildingMhlambanyatsi RoadP. O. Box 443, Mbabane, Swaziland

9

Ministry of Economic Planning and DevelopmentMr. Bertram StewartPrincipal Secretary4th & 5th Floor Finance BuildingLusutfu RoadBox 602, Mbabane, Swaziland

TANZANIAMinistry of Finance Dr. Servacius B. LikwelilePermanent Secretary P. O. Box 9111, Dar es SalaamTanzania UGANDAMinistry of Finance, Planning & Economic Development Mr. Keith MuhakaniziPermanent Secretary / Secretary to the TreasuryP. O. Box 8147Kampala, Uganda ZAMBIAMinistry of Finance Mr. Fredson YambaSecretary to Treasury

P. O. Box 50062, Ridgeway 15101Chimanga Road, Lusaka, Zambia ZIMBABWEMinistry of Finance & Economic Development Mr. Willard ManungoSecretary for Finance New Government Complex, Level 7, E BlockCnr. Samora Machel Avenue / 4th StreetPrivate Bag 7705, CausewayHarare, Zimbabwe

Ministry of Macroeconomic Planning & Investment PromotionDr. Desire M. SibandaSecretary for Macroeconomic Planning & Investment PromotionMinistry of Macroeconomic Planning & Investment PromotionGovernment Composite Building, Samora Machel Avenue Private Bag 7705, CausewayHarare, Zimbabwe

CONTACT DETAILS PERMANENT SECRETARIES / TREASURY SECRETARIES IN THE MEFMI REGION

10

ANGOLAMr. José Pedro de MoraisGovernorBanco Nacional de AngolaAvenida 4 de FevereiroC.P. 1243151-LuandaRepublica de Angola BOTSWANA Ms. Linah K. MohohloGovernorBank of Botswana1863 Khama CrescentPrivate Bag 154Gaborone, Botswana

BURUNDIMr Jean Ciza GovernorBanque de la République du BurundiB P 705, Bujumbura, Burundi KENYADr. Patrick NjorogeGovernorCentral Bank of KenyaHaile Selassie Avenue P O Box 60000 Nairobi, Kenya

LESOTHO Dr. Adelaide R. MatlanyaneGovernorCentral Bank of LesothoCnr. Airport / Moshoeshoe RoadP. O. Box 1184, Maseru 100, Lesotho MALAWIMr. Charles ChukaGovernorReserve Bank of MalawiP. O. Box 30063Convention Drive City CentreCapital CityLilongwe 3, Malawi MOZAMBIQUEMr. Ernesto Gouveia GoveGovernorBanco de MoçambiqueAvenida 25 de Setembro nº1695Caixa Postal 423Maputo, Mozambique NAMIBIAMr. Ipumbu W. ShiimiGovernorBank of Namibia71 Robert Mugabe AveP. O. Box 2882, Windhoek, Namibia

CONTACT DETAILS OF CENTRAL BANK / RESERVE BANK GOVERNORS IN THE MEFMI REGION

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RWANDAMr. John RwangombwaGovernorNational Bank of RwandaKN6 Avenue, 4P O Box 531Kigali, Rwanda SWAZILAND Mr. Majozi SitholeGovernorCentral Bank of SwazilandWarner StreetP. O. Box 546Mbabane, Swaziland TANZANIAProf. Benno NduluGovernorBank of TanzaniaP. O. Box 2939, 10th Mirambo St.Dar es Salaam, Tanzania UGANDAProf. Emmanuel Tumusiime-MutebileGovernor Bank of Uganda37/43 Kampala RoadP. O. Box 7120Kampala, Uganda

ZAMBIADr. Denny KalyalyaGovernorBank of ZambiaBank Square, Cairo RoadP. O. Box 30080Lusaka 10101, Zambia

ZIMBABWE Dr. John MangudyaGovernorReserve Bank of Zimbabwe80 Samora Machel AvenueP. O. Box 1283Harare, Zimbabwe

CONTACT DETAILS OF CENTRAL BANK / RESERVE BANK GOVERNORS IN THE MEFMI REGION

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Notes:................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

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Macroeconomic and Financial Management Institute of Eastern and Southern Africa

Tuesday 6 October 2015

for ministers of finance and/or of planning, secretaries of finance and/or of planning and central bank governors

9 Earls Road, Alexandra Park, P. O. Box A1419, Avondale, Harare, ZimbabweTel: +263 4 745 988/9/91-94 Fax: +263 4 745 547-8 Email: [email protected] Web: www.mefmi.orgTwitter: @mefmiorg#mefmiforum

Macroeconomic and Financial Management Institute of Eastern and Southern Africa

combined

Event Programme

Theme: Leveraging Natural Resources for Economic Transformation9 Earls Road, Alexandra Park,

P. O. Box A1419, Avondale, Harare, ZimbabweTel: +263 4 745 988/9/91-94 Fax: +263 4 745 547-8 Email: [email protected] Web: www.mefmi.orgTwitter: @mefmiorg#mefmiforum