Botswana slips in doing business 2011
Friday, November 05, 2010
Released yesterday, Doing Business 2011 analyses business operating environments in 183 countries, across nine categories used to gauge the favourability of individual economies to entrepreneurs. The Report covers the period June 2009 to May 2010.
Botswana maintained position three in Africa, after South Africa and Mauritius, with the former maintaining its rankings globally from last year while the latter climbed three places up. An analysis of the Doing Business 2011 indicates that Botswana's drop was more a reflection of other countries boosting their regulatory environments, as opposed to the country's business climate massively deteriorating. African states such as Rwanda, Cape Verde and Zambia were among the 10 economies worldwide that most improved the ease of doing business for entrepreneurs, while Botswana scores slipped slightly in eight of the nine categories as result of other countries' superior performance.
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