mmegi

BURS sets sights on P61bn tax target

Friday, February 24, 2023 | 330 Views |

At the helm: BURS Commissioner General Jeanette Makgolo and her team are set to comfortably exceed the tax target for the 2022 fiscal year PIC: PHATSIMO KAPENG

An economic rebound in the region and resurgent customs union revenues could help Botswana Unified Revenue Service (BURS) collections to as much as P61 billion in the forthcoming financial year, more than 25% higher than the current year, BusinessWeek has learnt.

Generally, mineral taxes anchor the country’s tax receipts but for the 2023–24 fiscal year, the customs union revenues will take centre stage, rising to about P25 billion from P14.4 billion in the current financial year.

The latest forecasts are contained in draft Finance Ministry estimates made available after the recent budget speech by Finance minister, Peggy Serame.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

ZCC St.Engenas headquarters in Moria.PIC.PRESIDENCY OF SOUTH AFRICA

High Court orders ZCC Botswana to reunite

Laone Choeunyane | 8 m ago

Day 3: Search for Maun missing boy continues

Staff Writer | 21 m ago

Long 1,900km drive awaits netball teams

Calistus Kolantsho | 27 m ago

Ngada to pip seasoned campaigners for AFCON place?

Kabelo Boranabi | 44 m ago

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 1 h ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 1 h ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 1 h ago

Zebras to camp in Tunisia ahead of AFCON finals

Mqondisi Dube | 1 h ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More