Botswana is a land of oppurtunities. Being
a succesful and stable democracy, it has an exceptional place in the
subsaharan African region. Albeit small in population, it has
progressed remarkably well since the time of its Independance in 1966.
It is a peaceful, democratic country where people of different races
religions and creeds live in harmony. Genuine elections have been held
at regular intervals since independence. Botswana has been a bastion of
political stability in a region of turmoil. Peace, economic stability
and compliance with laws of the country has made this country stand the
test of time. Botswana is the largest producer of rough diamonds
in the world. Other than mining in minerals like diamond, copper,
nickel and coal, other thriving industries are tourism, textiles and
Highlights of Botswana Business Environment:
There are no foreign exchange controls or restrictions on currency convertibility. Foreign reserves are healthy.
Tax rates are the lowest in southern african region : 15%
for manufacturing businesses and 22% for trading and service sector.
access to entire South African market. Part of SADC and SACU
associations of African nations. Enjoys special privilages for export
to US and Europe markets.
Labour cost is relatively cheaper and free from trade unionism.
The government gives high importance to Good education, health and infrastructure development.
is rated amongst the least corrupt countries and enjoys high credit
rating amongst the International rating agencies. Press is free and
Emphasise is given to fundamental rights and freedom of expression.