Botswana faces P5bn drop in SACU revenues

SACU revenues, which normally contribute 30 percent to Botswana total revenues, are estimated at P16.3 billion in the 2015/16 fiscal year.

 A 2015/16 budget review statement tabled in  the South African parliament by finance minster Nhlanhla Nene last month revealed that payments to the other four members in to Union are estimated to drop by 30 percent from R51.7 billion in 2015/16 to R36.5bn in 2016-17 due to falling trade and the lower collection of customs duties.