Private sector calls for review of govt levies
Tuesday, September 22, 2015
Through their umbrella body, Business Botswana, the private sector stated that multiple levies undermine the competitiveness of firms in general.
Presenting a Business Botswana position paper on the impact of commercial levies on businesses, lead consultant, Lesikalala Gaseitsiwe called on policymakers and government to remove any proven detrimental effect of levies.
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...