�Confusion� reigns over plastic bag levy
Friday, July 24, 2015
BusinessWeek has learnt that since the levy was imposed in 2007, consumers have forked out millions of Pula to retail stores from the compulsory plastic bag levy that should have been used to fund environmental initiatives but government is yet to collect the proceeds.
The Botswana Unified Revenue Services (BURS) yesterday distanced itself from the collection of the plastic bag levy, stating that it is instead the responsibility of the Ministry of Trade and Industry.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...