Gaolathe’s delay costs Botswana P22 million a day

Botswana is losing an estimated P22 million every day the Minister of Finance, Ndaba Gaolathe delays in implementing the VAT Amendment Bill meant to plug tax leaks in the tourism sector.

Budget strained Botswana is missing out on a critical revenue stream as the VAT Amendment Bill, aimed at tightening tax collection from international travel agents booking Botswana tourism services, remains dormant more than a month after being signed into law.

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