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  JULY 2021 – BOTSWANA | TANZANIA TAX CHANGES It is important that employers note the following: Botswana tax changes Following the Budget Speech delivered in February 2021, the Income Tax Amendment Act 2021 and the Income Tax (Amendment) Act Commencement Order 2021 were published in June 2021. The Act gives the full tax rates...

  JUNE 2021 – BOTSWANA | GHANA | MALAWI | NAMIBIA LEGISLATION NEWS It is important that employers note the following:Botswana budget speech and tax changes Highlights ·        Global GDP growth is projected to fall from +2.8% in 2019 to -3.5% in 2020, before increasing to 5.5% in 2021. ·        The overall budget deficit is...

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BOTSWANA BUDGET SPEECH HIGHLIGHTS The Minister of Finance and Economic Development, Hon. Kenneth Matambo, presented the 2019 Budget Speech to Parliament in February 2019. The 2019/2020 budget proposals emphasize the need for Botswana to consolidate development gains for further economic development. Key highlights: Growth rates forecast are 4.5%, 4.2% and 4.8% in 2018, 2019 and...

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