Botswana Unified Revenue Services (BURS) Acting Commissioner General, Segolo Lekau says the country's various trade agreements have affected Botswana's tax collection.
In February last year, Botswana signed the African Continental Free Trade Agreement (ACFTA).
While this allowed the country to benefit from inter-regional trade within the continent, Lekau explained it also means trade taxes - tariffs collected on imports - with other African nations were no more.
“This means when we consume within the continent, there are no taxes. As you may be aware, when we consume from the likes of...
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In this article:ACFTA, African Continental Free Trade Agreement, Base Erosion and Profit Shifting, BEPS, Botswana Unified Revenue Services, BURS, Business, EU, European Union, OECD, Organisation for Economic Co-operation and Development, SACU, Segolo Lekau, Southern African Customs Union, Voice Money
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