SACU Revenues Grow While AGOA Receipts Decline

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Botswana will hope that the impasse in the ongoing negotiations between the EU and SADC countries on signing the Economic Partnership Agreement (EPA) does not adversely affect SACU from which the country raked in P6.6 billion in revenue pool receipts for the 2006/2007 financial year.

According to the Botswana Unified Revenue Services (BURS) annual report for 2007, Botswana's share from the common revenue pool increased from P3.9 billion in the previous year to P6.6 billion, an increase of P2.68 billion or 68 percent over the 2005/06 amount.

A significant proportion of the increase amounting to P1.4 billion or 52 percent resulted from the better than anticipated performance of the common revenue pool receipts, says Burs Commissioner General Freddy Modise.

Editor's Comment
Women unite for progress

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