Botswana is rolling out a sweeping update to its corporate framework with the proposed Companies (Amendment) Act of 2025, tightening the screws on governance and financial disclosure. The latest in a series of reforms—following the original 2003 Companies Act, effective July 3, 2007, and a significant 2022 amendment signed into law on February 25, 2022—this overhaul aims to polish the nation’s business credentials. Yet, for small and medium enterprises (SMEs), the price of compliance could cast a long shadow.
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