Republic of Botswana
Capital: Gaborone HDI: 0.698 (106th)
Language: Setswana, English
GDP (PPP): $36.505 billion
Currency: Pula
Population: 2,155,784
Botswana is a landlocked country located in Southern Africa. The citizens refer to themselves as Batswana Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966. Since then, it has maintained a strong tradition of stable representative democracy, with a consistent record of uninterrupted democratic elections. A mid-sized country of just over 2 million people, Botswana is one of the most sparsely populated nations in the world. Around 10 percent of the population lives in the capital and largest city, Gaborone. Formerly one of the poorest countries in the world—with a GDP per capita of about US$70 per year in the late 1960s—Botswana has since transformed itself into one of the fastest-growing economies in the world. The economy is dominated by mining, cattle, and tourism. Botswana boasts a GDP (purchasing power parity) per capita of about $18,825 per year as of 2015, which is one of the highest in Africa. Its high gross national income (by some estimates the fourth-largest in Africa) gives the country a modest standard of living and the highest Human Development Index of continental Sub-Saharan Africa.
RESEARCH
Economic Overview
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Botswana Economic Overview
http://www.worldbank.org/en/country/botswana/overview
Botswana has a mature democracy, with free and fair elections held regularly and the constitution provides for fundamental rights and freedoms.
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Economic Overview Botswana -WIKI
https://en.wikipedia.org/wiki/Economy_of_Botswana
Since independence, Botswana has had the highest average economic growth rate in the world, averaging about 9% per year from 1966 to 1999.
Industry Trends & Business Climate
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Industry Trends Botswana
http://www.bmiresearch.com/botswana
Botswana is one of Africa’s most stable countries, attracting the business of many of our clients. It has one of the longest running multi-party democratic systems on the continent.
Establishing a Presence
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Potential Business Types/Ideas in Botswana
http://www.rsm.global/botswana/insights/doing-business-botswana/types-business-entities
Private (called “Proprietary”) and public limited companies are two most common business entities used in Botswana.
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Statistics On Why To Start A Business In Botswana
http://www.lowtax.net/information/botswana/botswana-company-introduction.html
Prior to the introduction of the new Companies Act 2003 on 3rd July 2007, companies in Botswana were formed under the Companies Act CAP 42:01 as amended, which provided for a normal range of business formats.
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Rules and Regulations for Business Registration in Botswana
http://www.gov.bw/en/Business/Sub-audiences/Small--Medium-Businesses/Company--Business-Name-Registration/
A company is an artificial person which arises when a group of persons form a corporate body which can acquire personality separate from that of its members with some legal powers of a natural person.
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Botswana – Business Registration Requirements
http://www.doingbusiness.org/data/exploreeconomies/botswana/starting-a-business/
Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Botswana.
Taxes
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Botswana – VAT Taxes
http://www.burs.org.bw/index.php/tax/value-added-tax
Value Added Tax (VAT) was introduced in Botswana with effect from 1 July 2002.VAT is an indirect tax levied on the supply of goods and services consumed within Botswana.
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Botswana – Vat Taxes
http://www.uscib.org/valueadded-taxes-vat-ud-1676/
Complete list of VAT taxes by country.
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Botswana Corporate Taxes
http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Botswana-Corporate-Taxes-on-corporate-income
Company registration, Key Facts, and other essential information necessary regarding corporate taxes.
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Corporate Tax Guide – Botswana
http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Botswana-Corporate-Withholding-taxes
Listed is a corporate tax guide for Botswana
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Botswana Personal Tax
http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Botswana-Individual-Taxes-on-personal-income
The Botswana tax system operates on a territorial basis, and income is taxable in Botswana if the source is within Botswana.
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Personal Tax – Botswana
http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Botswana-Individual-Sample-personal-income-tax-calculation
This summary outlines everything you need to know or consider when thinking about doing business in Botswana.
Visas
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Botswana – Visas
http://www.botswanaembassy.org/page/guidelines-for-completing-a-visa-application
Countries Whose Citizens Do NOT Require a Visa to Enter Botswana
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Travel to Botswana – Visas
http://www.gov.bw/Ministries--Authorities/Ministries/Ministry-of-Labour--Home-Affairs-MLHA/Tools--Services/Services--Forms/Requirements-for-VISA-application/
A visa is the authority given to foreign nationals to enter Botswana.
Infrastructure
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Telecom in Botswana
https://www.budde.com.au/Research/Botswana-Telecoms-Mobile-Broadband-and-Digital-Media-Statistics-and-Analyses
Botswana has one of the highest mobile market penetration rates in Africa, approaching 170%.
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Transportation in Botswana
http://www.lonelyplanet.com/botswana/transport/getting-around/local-transport
Public transport in Botswana is geared towards the needs of the local populace and is confined to main roads between major population centres.
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In-depth Transportation for Botswana
http://www.iexplore.com/articles/travel-guides/africa/botswana/transportation
Self-drive in Botswana is admittedly the adventure of a lifetime, but requires a lot of planning and even more time.
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History of Telecom in Botswana
http://www.btc.bw/
Telecommunications in Botswana include a number of mobile and network operators.
Employer Obligations
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In-Depth Labor Rules and Obligations – Botswana
https://www.dol.gov/agencies/ilab/resources/reports/child-labor/botswana
The employer/employee relationship in Botswana is currently the subject of numerous legal rules.
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Labor Rules and Obligations Botswana
http://www.doingbusiness.org/data/exploreeconomies/botswana/labor-market-regulation
Below is a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in Botswana.
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Unemployment – Botswana
http://www.gov.bw/en/Business/Sub-audiences/Employers/Workers-Compensation/
This act provides for compensation of workers for injuries suffered or occupational diseases contracted in the course of employment, or for death resulting from such injuries or diseases and for matters incidental and connected to the foregoing.
Culture/Living
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Cost of Living – Botswana
http://www.numbeo.com/cost-of-living/country_result.jsp?country=Botswana
Cost of living in Botswana is 46.42% lower than in United States.
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Cost of Living Pricing – Botswana
https://www.expatistan.com/cost-of-living/gaborone?currency=USD
Basic lunchtime menu (including a drink) in the business district
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Business Etiquette – Botswana
http://etiquette.wanderbat.com/l/55/Botswana
Business Etiquette in Botswana includes how you greet a group of people starting with the eldest first.
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Business Etiquette – Culture – Botswana
http://www.botswana-travel-guide.com/bradt_guide.asp?bradt=1167
Comments here are intended to be a general guide, just a few examples of how to travel more sensitively.
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Education – Botswana
http://www.classbase.com/countries/Botswana/Education-System
Education in Botswana is free for the first 10 years, which completes the cycle through middle school. The first 7 years of this are at primary school, where the pupil-teacher ratio is approximately 13 to 1.
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Educational System – Botswana
http://www.mapsofworld.com/botswana/education/
To the Botswana government, Botswana education takes the high priority. In the sector of Botswana education, the Ministry of Education spends at around 30% of public spending.
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Holidays – Botswana
https://en.wikipedia.org/wiki/Public_holidays_in_Botswana
A complete list of holidays in Botswana.
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Botswana Holidays
http://www.officeholidays.com/countries/botswana/index.php
List of public national holidays 2016.
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Demographics of Botswana
http://www.indexmundi.com/botswana/demographics_profile.html
Demographics of Botswana including, race, age, and male or female
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Botswana In-depth Demographics
http://www.cso.gov.bw/index.php/sector-statistics/demographic
Demographics for the country of Botswana including; age structure, death rate, and median age range.
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Safety Precautions – Botswana
https://travel.state.gov/content/passports/en/country/botswana.html
Although large public demonstrations are uncommon, you should avoid large crowds, political rallies, and street demonstrations.
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Climate – Botswana
https://www.safaribookings.com/botswana/climate
The climate of Botswana’s northern parks is similar to Maun, but in the Okavango temperatures are slightly more moderate due to the abundance of water.
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Weather and Geography – Botswana
http://www.botswanatourism.co.bw/climate
Botswana’s climate is semi-arid. Though it is hot and dry for much of the year, there is a rainy season, which runs through the summer months.
Trade
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Botswana Import – Export
http://www.intertek.com/government/certificate-of-conformity-for-exports-to-botswana/
Import Export regulations for Botswana in great detail.
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Import/Export Customs Laws – Botswana
https://botswana.visahq.com/customs/
Prohibited, Restricted and Free Export to and from Botswana.
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Trade Agreements – Botswana
http://focusafrica.gov.in/Botswana_Trade_Agreement.html
Free Trade agreements for Botswana.
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Botswana Trade Agreements
https://ustr.gov/countries-regions/africa/southern-africa/botswana
Botswana is currently our 136th largest goods trading partner with $251 million in total (two way) goods trade during 2015.
Housing and Rentals
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Housing and Rentals in Botswana
http://www.bhc.bw/
Housing and Rentals in the country of Botswana.
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Apartments in Botswana
http://www.bhc.bw/requirements-rent
The best housing and apartments in Botswana.
Travel
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Travel to Botswana
https://www.lonelyplanet.com/botswana
Blessed with some of the greatest wildlife spectacles on earth, Botswana is one of the great safari destinations in Africa.
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Botswana – World Travel Guide
http://www.fodors.com/world/africa-and-middle-east/botswana
The resulting economic boom transformed Botswana into one of Africa’s richest countries (as measured by per capita income).
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