Thomas More - African Business Topics - Paper Botswana
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Course
African Business Topics
Institution
Thomas More Hogeschool (tmhs)
School: Thomas More University of Applied Sciences
Class: African Business Topics
Lecturer: Paul Nchu
Phase: Year 1 – Semester 1
Content: Term Paper – Investing in Botswana
Copyright warning: Reproduction and distribution of this document without the written permission of the author i...
,Table of Content
Preface........................................................................................................................................ 4
Botswana At A Glance ................................................................................................................ 4
Political Landscape ..................................................................................................................... 5
Government ............................................................................................................................ 5
Current government ............................................................................................................... 5
POLITICAL PARTIES & LEADERS............................................................................................... 6
Geographic Landscape ............................................................................................................... 6
Socio-Economic Landscape ........................................................................................................ 9
Starting a business in Botswana ............................................................................................... 11
Registration steps ................................................................................................................. 12
Picking the right location .......................................................................................................... 14
Building your own business location in Botswana ............................................................... 14
Investment opportunities ..................................................................................................... 16
Tax Overview ............................................................................................................................ 17
VAT (import) ......................................................................................................................... 17
Export.................................................................................................................................... 17
International trade agreements ............................................................................................... 17
Botswana-Zimbabwe Trade Agreement ............................................................................... 18
South African Customs Union Agreement ............................................................................ 18
Southern African Customs Union-European Union Free Trade Area ................................... 18
African Growth and opportunity act .................................................................................... 18
Cross-Cultural Aspects.............................................................................................................. 19
1. Communicating - Low vs High Context: ............................................................................ 19
2. Evaluating - Direct vs Indirect Negative Feedback ........................................................... 19
3. Leading - Egalitarian vs Hierarchical ................................................................................. 19
4. Deciding - Consensual vs Top-Down................................................................................. 20
5. Trusting - Task Based vs Relationship Based .................................................................... 20
6. Disagreeing - Confrontational vs Non-Confrontational.................................................... 20
7. Scheduling - Linear-Time vs Flexible-Time ....................................................................... 20
Business Etiquette .................................................................................................................... 20
How to deal with specific characteristics when negotiating ................................................... 21
Figure 1: Botswana Chamber of Mines (africatimes.com)
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