Tax collection Plummets as Trade agreements hit Botswana

December 23, 2020 The Voice 0 Comments

Botswana Unified Revenue Services (BURS) Acting Commissioner General, Segolo Lekau says the country’s various trade agreements have affected Botswana’s tax collection. In February last year, Botswana signed the African Continental Free Trade Agreement (ACFTA). While this allowed the country to benefit from inter-regional trade within the continent, Lekau explained it also means trade taxes – tariffs collected on imports – with other African nations were no more. Read More.

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