Mmegi

New tax rate targets top earners

Friday, February 06, 2026 | 10 Views |

Making plans: The Finance Ministry has made proposals for new tax rates

The Finance Ministry is proposing the introduction of a new rate for personal income tax, which will see those earning P33,333 per month and above paying at 27.5%, rather than the current top tax rate of 25%.

BusinessWeek has learnt that new tax changes, including higher rates for corporate tax and International Financial Services Centre companies, are due to be tabled and debated in the upcoming sitting of Parliament.

The new changes will shore up government’s revenues at a time when other drivers, such as minerals, especially diamonds, are strained.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

tax
ECONOMY

Production kicks off at Maatla Resources’ Mmamabula Coal Project

Pauline Dikuelo |
06 February 2026

Coming up: Production has finally started at Maatla’s coal project PIC: MAATLARESOURCES.COM

Pula weakens against rand as market pressures persist

Lewanika Timothy |
06 February 2026

Watching the numbers: The central bank is tasked with defending the value of the Pula

FNBB, Absa named amongst top employers in Botswana

Opelo Rakereng |
03 February 2026

Silos introduces himself with debut single

Laone Choeunyane | 2d ago

Gospel vibes unite Tshepo Zion’s spiritual soundwave

Nnasaretha Kgamanyane | 2d ago

Production kicks off at Maatla Resources’ Mmamabula Coal Project

Pauline Dikuelo | 2d ago

Pula weakens against rand as market pressures persist

Lewanika Timothy | 2d ago

Bank Gaborone champions SME resilience in tough business climate

Larona Makhaiza | 2d ago

Mares’ keeper leaves TS Galaxy for Zambian side

Kabelo Boranabi | 2d ago

For the Sake of Art

Nnasaretha Kgamanyane | 2d ago

Then and now: Miss Botswana 1966 reflects on Botswana’s journey at 60

Sharon Mathala | 2d ago

Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

Mmegi Editor | 06 February 2026

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

New tax rate targets top earners

The Finance Ministry is proposing the introduction of a new rate for personal income tax, which will see those earning P33,333 per month and above paying at 27.5%, rather than the current top tax rate of 25%.

Silos introduces himself with debut single

Gospel vibes unite Tshepo Zion’s spiritual soundwave

Production kicks off at Maatla Resources’ Mmamabula Coal Project

Pula weakens against rand as market pressures persist

Bank Gaborone champions SME resilience in tough business climate

Mares’ keeper leaves TS Galaxy for Zambian side

For the Sake of Art

Then and now: Miss Botswana 1966 reflects on Botswana’s journey at 60

Mabogo dinku a thebana