Bussiness in Botswana
Botswana is one of Africa's wealthiest nations with a thriving economy mainly based on diamond mining and tourism.
Regulatory reform has turned the country into one of the most liberalised telecommunications markets in the region,
including a new service-neutral licensing regime which takes into account the increasing convergence of technologies and services.
Diamond production is anticipated to increase modestly from the 32 093 000 carats estimated for 2008 to 32 952 000 carats in 2009.
In addition, the Diamond Trading Company is now set to start its operations of cutting, polishing and selling stones from its newly
constructed facilities in Botswana. Nonetheless, there is uncertainty about international demand for diamonds and related products
due to uncertainty about the depth and length of the current global recession.
The economic outlook for 2009 includes improved performance in the primary sector. Owing to the uncertainty associated with the
global economy, however, growth in 2009 is forecast to be lower than in 2008. Beyond 2009, an expected decline in diamond production
will restrain Botswana's growth, but the continued development of the services sector offers potential both for diversification
of the economy and for larger contributions by this sector to overall economic growth. In addition, increases in public investment
and continued good economic management coupled with positive public sector reforms are expected to minimise the decline in the
growth of private investment and hence to limit the decrease in real GDP growth in 2008, 2009 and 2010.
This is the right Country in Sub-Saharan Africa to do business?
Botswana Business comments
Yes, Botswana is the right country to do business in in sub saharan Africa. Because the politiciens here are fighting again corruption and stupid beauracry. But it still long way to go but better than other african countrie.
Zeama Mutau, Zambia
There aren't right place to business in Africa.
Dongala , Angola
Everyone said bad thing about Africa Countries. But Botswana is doing well.
Gerami , Botswana, Gaborone
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