More information about Botswana (EENI African Business Portal).
Religions in Botswana
African Traditional Religions;
Christianity is the most prevailing belief system in Botswana (80% of the population).
Botswana belongs to the Southern African Economic Area (African Civilization).
Economy of Botswana:
The Economy of the Republic of Botswana is still dependent on the mining sector, particularly diamonds;
Botswana has achieved an impressive economic efficiency over the past decades;
The Economic Commission for Africa (Economic Report on Africa), places to Botswana in the lead of
other five African Countries that have made largest progress in developing policies that promotes the economic growth, with the objective of the poverty reduction;
The Botswana Export Development and Investment Authority, is an autonomous private organization created with the aim to promote and facilitate the establishment of export-oriented companies;
The policies of the Government of Botswana include strategies that maximize the productivity and add value to the economy throughout
increasing the foreign direct investment flows by an attractive and transparent fiscal and operating environment;
Debswana Diamond Company is a sole partnership between the Government of the Republic of Botswana and De Beers Centenary AG;
Botswana Telecommunications Corporation was created in 1980 to supply, develop, work and manage the national and international telecommunications services.
The Botswana Government holds 100% of the Corporation.
Free Trade Agreements of Botswana:
The Republic of Botswana is a member of the Southern African development Community - an international trade Organization, which gives access to a potential market of 200 million people-, the Southern African Development Community has its headquarters in Gaborone.
The Republic of Botswana has preferential access to the EU through the Africa-EU Strategic Partnership and to the United States through the African Growth and Opportunity Act (AGOA).
Botswana is also a member of the Southern Africa Customs Union (SACU): South Africa, Botswana, Namibia, Lesotho, and Eswatini).
The Southern Africa Customs Union is negotiating several trade agreements with other
countries and regions.
The Southern Africa Customs Union is also negotiating Free Trade Agreements with the European Free Trade Association (EFTA), MERCOSUR, India, and the People's Republic of China.
(c) EENI Global Business School (1995-2023)
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