Every year flies by faster and faster and with January already over, 2018 is gearing up to do the same. Even though time passes us by so quickly, one thing that remains timeless is our love for this beautiful country. Here are twelve reasons why Botswana is turning into the country everyone wants to be in, one for each month of the year.
January: One Vote, One Voice!
Botswana has the longest standing democracy in Africa, having successfully held eleven democratic, multi-party general elections for 52 years, since gaining Independence in 1966.
February: What’s your Worth?
Botswana has a low population of only 2.02 million people and has a high-net worth market of sophisticated consumers. Per capita GDP flew up from an estimated US$70 at Independence in 1966 to US$7300 in 2013.
March: Safe and Secure.
Botswana is one of Africa’s, and the world’s, safest countries to live in. They have a low crime rate and with highly trained and very well-equipped law enforcement.
April: Crossing Borders
Botswana is the center of the Southern African Development Community (SADC) and boasts a large infrastructure network thanks to investment in roads, border control, railways, aviation and policy improvements in trade.
May: Not so taxing…
Botswana has comparatively low taxation compared to the rest of the world making it a good incentive for investment. This was highlighted in both the World Bank’s Doing Business Report and the World Economic Forum’s Global Competitiveness Report.
June: Read, Read, Read!
Due to a large investment in education, Botswana’s literacy rate among citizens aged fifteen and older has risen to over 81%. Botswana is now one of the most literate nations in Africa.
July: No Corruption Here!
Botswana has several public, private and civic anti-corruption organisations with a well-established ethos implanted in the country’s economic sectors, allowing Botswana to consistently rank among the world’s least corrupt countries.
August: The Best Connection
Both the Government and the Private Sector have invested billions of Pula into the development of Botswana’s Information and Communication Technology (ICT). There has recently been a rapid roll-out of Internet, data and voice services.
September: Your Investments Are Protected
Since Independence, Botswana has brought in and has strictly enforced Investor Protection Laws; making the country very appealing in a world of resource nationalisation.
October: Stable Inflation
Botswana has achieved a low, stable and predictable inflation rate, helping to maintain the economy’s global competitiveness and preserve value for both investors and resident businesses.
November: World Class Infrastucture
Botswana has invested heavily in primary and secondary infrastructure, as outlined in the National Development Plans. This has brought world class roads, electricity, dams and ICT capabilities to rural, urban and tourist areas.
December: Top Sovereign Credit Rating
Only a handful of countries around the world enjoy top-notch credit ratings and Botswana is one of them. The country has top credit ratings in both economic outlooks and political stability.