The licensing and regulatory framework of the financial services sector has two distinct categories, governed, respectively, in accordance with the Banking Act administered by Bank of Botswana, and the Non-Bank Financial Institutions Regulatory Authority Act of 2006 overseen by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA). The Banking Act regulates bank and bank related businesses while non-bank financial services are governed by the NBFIRA Act.
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"Through its Business Facilitation Services Centre, BITC worked with Kebo Holdings (Pty) Ltd, a citizen owned company situated in Gaborone, Botswana. The company commenced its operations in 1999 trading in electrical...
Global Competitiveness Index
Botswana’s competitiveness rises for the 3rd consecutive year to 63rd (138), 4th most competitive economy in Africa. With strong macroeconomic environment in 2017/18.