Botswana slips 11 notches in doing business rankings
Thursday, November 02, 2017
The World Bank says doing business is now more difficult in Botswana than last year
The Doing Business report captures several important dimensions of the regulatory environment as it applies to local firms while providing quantitative indicators on regulation. The regulation indicators range from starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. Doing Business also measures features of the labour market regulation.
Botswana’s fall in rankings comes despite the country making two significant reforms, which made doing business easier in the year, suggesting that other countries could have implemented more and better reforms in the period under review.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...