De Beers and Botswana pledged P1 billion in July 2023 for a diamond-beneficiation fund to build local cutting and polishing and create jobs, tied to skills development.
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Money
Nestle Zimbabwe Wins Case Against ZIMRA over Invalid Tax Assessments
On May 24, 2023, the High Court of Zimbabwe ruled in favor of Nestle Zimbabwe (Pvt) Ltd in a case against the Zimbabwe Revenue Authority (ZIMRA) regarding invalid tax assessments. The court declared the assessments issued by ZIMRA on January 17, 2022, for the tax...
Holding the Line: Monetary Policy Bets on Falling Inflation
With inflation near 10%, the Bank of Botswana held its key rate at 2.65% in April 2023, betting price pressures would ease back into the 3 to 6% target band.
Tightrope Walk: BoB Holds Rates as Inflation Nears Double Digits
With inflation near 9.9 percent, the Bank of Botswana left its policy rate at 2.65 percent in April 2023, betting that price pressures would ease rather than entrench.
Royalties and Dividends Set to Slide as Diamonds Falter
Government estimates in March 2023 showed mineral royalties sliding from P6.1 billion to P4.5 billion and dividends from P15 billion to P11.3 billion.
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Expanding into new markets can be a daunting task for any business owner or investor. There are a multitude of factors to consider, from local regulations to cultural differences, and it can be difficult to know where to begin. That's where GetAPlan.Africa comes in....
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