{UAH} Botswana moves to restrict business activities for foreigners

Botswana moves to restrict business activities for foreigners

Botswana🇧🇼 is moving ahead to enforce the Industrial Development Act of 2019 and its Regulations of 2020.

The law seeks to ring-fence business activities reserved for locals, and "perpetrators" will be prosecuted.

A statement, dated 3 November 2021, issued by that country's Ministry of Investment, Trade and Industry highlighted some of the businesses that include wholesale retail and filling stations (petroleum).

The protected list has 21 business crafts, ranging from bread and confectionery to furniture.

Sourve: News24

 

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