- Sweeping tax reforms prominent in next week’s budget
- Top Earners to pay more tax; VAT, Corporate tax UP
Botswana is on the cusp of a significant overhaul of its tax laws, with the Ministry of Finance poised to introduce sweeping reforms aimed at modernizing the country’s tax regime and boosting domestic revenue. These changes, expected to take center stage in Vice President and Finance Minister Ndaba Gaolathe’s upcoming 2026 Budget speech, reflect the government’s urgent need to adapt to shifting economic realities, including a slowing mining sector and growing fiscal pressures. The proposed Income Tax Bill, Value Added Tax (VAT) amendments, and the new Tax Administration Bill collectively mark the most substantial tax reform effort Botswana has seen in years, signaling a new chapter in how the country collects and manages public revenue.
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