Botswana tax-free zone coming?
Friday, July 27, 2007
"Inspired by Dubai and the success of tax-free zones in China, Libertonia will be a tax-free zone. Many countries, including Botswana, have used export-processing zones to bring jobs and investment quite successfully.
These zones are targeted at manufacturing and don't allow retail or residential developments. Libertonia, on the other hand is a fully-fledged city with shopping centres, houses, and hotels and so on, all tax-free.
Thus it is a privatised zone where you pay directly for services like education, healthcare, water and electricity from competing private companies," reads the statement.
This call is both timely and crucial, as it reflects a growing need for unity and collaboration amongst media bodies to address pressing issues facing the nation.The theme of this year’s Press Freedom Day, “A Press for the Planet: Journalism in the Face of the Environmental Crisis,” resonates deeply with Batswana, particularly in light of the ongoing human and wildlife conflict. Botswana’s rich wildlife population is not only a national...