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Why Botswana
- No foreign exchange controls.
- The Africa Growth & Opportunity Act of the United States allows new opportunities for duty free and quota free access to U.S markets.
- Corporate tax is only 15 % for manufacturing companies and IFSC companies.
- Duty free and quota free access to EU market.
- Duty free access to South Africa, Namibia, Lesotho and Swaziland.
- Preferential access to markets of 14 Southern African countries.
- Botswana is the most transparent country in Africa, according to Transparency International. There is an official policy of zero tolerance for corruption.
- Low personal income tax, the highest bracket being only 25%.
- Zero corporate tax under Development Approval Order.
- Industrial relations are good and trade unions are not militant.
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| 2012-04-01 NOTIFICATION ON ESTABLISHMENT OF THE (BITC) AS A RESULT OF THE MERGER BETWEEN BEDIA AND IFSC This communication serves to inform you that as a result of th ... [Read more...] |
| 2012-01-10 The Central Statistics Office records Gross Domestic Increase ... [Read more...] |
| 2011-10-14 BOTSWANA 1ST IN AFRICA IN ACCOUNTABILITY AND THE RULE OF LAW This week the Mo Ibrahim Foundation released its annual Index of African Governance, which as in previous years ranked Botswana 3rd in Africa in terms ... [Read more...] |
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