ARTICLE · 20 FEBRUARY 1997
Investment Incentives - Financial Assistance Policy
Investment incentives
Lowest regional tax rate: Manufacturing - 15%; other company and personal - 25%.
Southern African market : potential market of over 120 million people.
Southern African Customs Union (SACU). Free export access to Lesotho, South Africa, Namibia and Swaziland.
EC Market : Lome IV gives Botswana duty free access to the EC markets.
US Market : Botswana has a quota free and preferential access to the US markets.
Financial Assistance Policy (FAP) - government incentives to viable projects in the agricultural, tourism and industrial sectors. Incentives include unskilled labour grants, training grants and capital grants. (See our separate article on FAP).
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