Reforms needed to smoothen cross-border trade � BURS
Thursday, April 27, 2017
Customs general manager at the Botswana Unified Revenue Service (BURS), Buhalo Mudongo said this during a public lecture on the Trans-Kalahari Corridor (TKC) held at the University of Botswana conference centre this week.
The TKC is a road network spanning the territories of South Africa, Botswana and Namibia, right through to the Port of Walvis Bay.
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...