Presentation by: Oaitse Ramorula
Ministry of Trade and Industry
Department of Industrial Affairs
PRESENTATION ON THE REPUBLIC
OF BOTSWANA
Contents
Background
Economy - GDP
Institutional Set up
Strengths
Weaknesses
Opportunities
Areas of Reform
Implications on Future Policy
and Strategies
Conclusion
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Centrally located in Southern
Africa
Gained independence - 1966
Landlocked with surface area of
581 730 sq km
Population of about 1.702,829
million .(2005/06 Labor Force Survey est. )
Open economy
Per capita GDP – more than
$11,000
Inflation- 8.2 % (April 2011, Botswana
Statistics Data)
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Climate- semi arid: warm
winters & hot summers
Source: Central Statistics Office, STATS BRIEF National Accounts Statistics
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Botswana Bureau of
Standardsaccreditation and
certification of
services and
products
Local Enterprise
AuthorityEntrepreneurial
Development
Agency
Citizen
Entrepreneurial
Development
Agency- Financing
institution
Ministry of Trade and Industry
Departments:
•Industrial Affairs
•International Trade
•Trade and Consumer Affairs
•Registrar of Companies and
Intellectual Property
•Cooperative Development
Competition Authoritydeals with issues of
unfair business
practices
Botswana
Export
Development
and Investment
AgencyInvestment and
export
promotion
agency
Botswana Innovation Hubattracts both local and
foreign businesses, research
and advanced training
institutions to Botswana
Botswana
Technology
Centre-develops
ready for market
prototype
technologies
Ministry of Infrastructure,
Science and Technology
Rural Industries Promotions
Company- conducts research
and develop products to
support industrial and
techno-preneurial
development
National Food
Technology Centreoffers support to
food industry in
areas of hygiene,
quality assuarance,
process design and
nutrition
Stable macroeconomic environment &
economic growth
Corporate tax is only 15% for manufacturing
enterprises. The highest rate for personal
income tax is only 25%
A young, abundant predominantly English
speaking, and literate Labor force at
competitive wage rates.
Government commitment to Private Sector
Development (Govt. has partnered with the
private sector in various projects)
Establishment of trade related support
network- BOCCIM, Competition Authority,
Innovation Hub, BOB’s, BEDIA, BEMA, LEA
Low reliance on tariff revenue
Heavy reliance on
diamonds
High Unemployment –
23.8 %
Poor infrastructure
especially ICT
Inadequate legal and
institutional framework
High transportation costs
Small domestic market
Non availability of
serviced land
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Market Access-Botswana has signed a
number of trade agreements both at regional
and multi lateral level
Abundance of natural resources
Formulation of Policies and Regulations to
bridge the gap that exists especially legal
framework e.g. that can strengthen value
addition of raw materials and avail incentive
packages that can promote Public Private
Partnerships
Improving the institutional capacity as well as
restructuring the current institutions.
Infrastructure- gov’t should continue
partnering with private sector to develop
infrastructure in the country
Promote Private Sector development e.g.
liberalizing the financial sector
The country is striving to have a well
coordinated approach in addressing the
challenges the country is faced with to
enable it to be globally competitive.
THANK YOU!!!!!!!!! THANK YOU!
RE A LEBOGA!!!!!!!!!!!