• Vacancy Advert-Head StrategyAugust 14, 2026
    Vacancy Advert Botswana Development Corporation is transitioning into a purpose-driven, impact-focused mega investment company that is dedicated to prioritising its people and fostering meaningful economic transformation and sustainable growth. In this regard, the Corporation is looking for dynamic, zealous,… Read more: Vacancy Advert-Head Strategy
  • VACANCY – ASSOCIATE ATTORNEYAugust 14, 2026
    GOBHOZA LEGAL PRACTICE  Attorneys, Conveyancers, Notaries, Arbitrators & Corporate Services RelatedPosts Vacancy Advert-Head Strategy VACANCY – ASSOCIATE ATTORNEY JOB VACANCY- FARM WORKERS VACANCY – ASSOCIATE ATTORNEY Gobhoza Legal Practice invites applications from suitably qualified candidates for the position of… Read more: VACANCY – ASSOCIATE ATTORNEY
  • BPP power shiftAugust 12, 2026
    UDC back Prof Bulawa to succeed Molapise Power struggle results in Moswaane purge Race for presidency heats up BAKANG TIRO editors@thepatriot.co.bw RelatedPosts BPP power shift Billion-Pula Steve Harvey’s Trap Trans Kalahari Railway coming   Botswana Peoples Party (BPP) is… Read more: BPP power shift
  • XAGO SECURES BOTSWANA VASP LICENCE, ACCELERATING SOUTHERN AFRICAN EXPANSIONAugust 11, 2026
    Staff Writer Digital asset infrastructure company Xago has officially been granted a Virtual Asset Service Provider (VASP) licence in Botswana, marking a significant milestone in the company’s strategy to expand regulated digital financial services across Africa. RelatedPosts XAGO SECURES… Read more: XAGO SECURES BOTSWANA VASP LICENCE, ACCELERATING SOUTHERN AFRICAN EXPANSION
  • Billion-Pula Steve Harvey’s TrapAugust 10, 2026
    • US$79 million (P1.1 billion) Masisi- Harvey Btv deal frustrates UDC • US$12 million annually for Harvey’s management, talent & participation • US$5 million annually for licensing Harvey name & image rights. • US$51 million over three years for… Read more: Billion-Pula Steve Harvey’s Trap
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Friday, August 14, 2026
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result

HATAB rejects income tax hike 

‘The strategy could cripple tourism industry recovery’-report 

patriot by patriot
March 13, 2025
in Business
0

The Hospitality and Tourism Association of Botswana (HATAB) has warned government against increasing income tax rates, decrying that the strategy could hinder the recovery of the tourism sector. The warning is contained in HATAB’s position paper titled “HATAB 2025/2026 Budget Expectations,” released ahead of the recent budget speech by Finance Minister Ndaba Gaolathe. According to HATAB, the tourism industry is still struggling to rebound from the impact of the Covid-19 pandemic and requires more time to fully recover. “A tax increase would hamper the recovery. We, therefore, expect government to maintain the current tax rate and not raise it,” reads part of the paper. 

HATAB emphasized the importance of maintaining a favourable tax environment to support growth and stability within the tourism sector, which is a key contributor to Botswana’s economy. In a statement following Gaolathe’s presentation of the 2025/26 budget, HATAB welcomed “the steps the Minister has laid out to improve governance, namely ramping up procurement efficiencies and eliminating gross wastage and duplication to ensure fiscal stability.” HATAB said the fact that submissions of supplementary budgets will be backed by undertakings of budget cuts in other areas should help maintain spending discipline. 

RelatedPosts

XAGO SECURES BOTSWANA VASP LICENCE, ACCELERATING SOUTHERN AFRICAN EXPANSION

Save Now, Win Later

Standard Bank wins 17 awards at Euromoney Awards

With regard to the ease of doing business, HATAB said it looks forward to reforms of cumbersome business regulations, which stifle innovation and growth. “The fact that a grocery store requires numerous licences which involve multiple agencies reveals the scale of unnecessary bureaucratic red tape,” reads part of the document, adding that “HATAB stands ready to work with the government to root out burdensome regulations to unleash the growth of the tourism sector and the economy as a whole to generate economic growth and jobs.” 

HATAB also supports government focus on an export-driven economy because it plays a significant part in powering growth. “Once again, the tourism sector is, in many respects, an export sector that brings in substantial foreign exchange earnings for the country,” said HATAB. 

Given that resources are limited, HATAB says it looks forward to the government’s undertaking, as per the Budget Speech, to enact the Public Private Partnership (PPP) framework to attract much-needed investment, skills and technology. It says like other enterprises in the private sector, the tourism industry depends on a responsive work and residence permit system to facilitate skill recruitment. “HATAB looks forward to the digitalisation of the work and resident regime to boost efficiencies and international competitiveness. In addition, the visa system should also be enhanced to reduce turnaround times and facilitate international visitors,” says HATAB. 

On air access promotion, HATAB says the tourism sector relies on a well-developed aviation route network which connects the country to the rest of the world. It is on this basis that HATAB pledges its support to the Civil Aviation Authority of Botswana (CAAB)-led project to attract long haul carriers to Botswana, which the minister acknowledged in his address. 

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Shake up in the judiciary

Next Post

BPC rolls out mini grids

Related Posts

XAGO SECURES BOTSWANA VASP LICENCE, ACCELERATING SOUTHERN AFRICAN EXPANSION
Business

XAGO SECURES BOTSWANA VASP LICENCE, ACCELERATING SOUTHERN AFRICAN EXPANSION

August 11, 2026
Save Now, Win Later
Business

Save Now, Win Later

August 7, 2026
Standard Bank wins 17 awards at Euromoney Awards
Business

Standard Bank wins 17 awards at Euromoney Awards

August 3, 2026
De Beers optimistic about recovery
Business

De Beers optimistic about recovery

August 3, 2026
STANDARD BANK PROCESSES OVER CNY 8 BILLION IN PAYMENTS THROUGH CHINA’S CROSS-BORDER INTERBANK SYSTEM
Business

STANDARD BANK PROCESSES OVER CNY 8 BILLION IN PAYMENTS THROUGH CHINA’S CROSS-BORDER INTERBANK SYSTEM

July 29, 2026
Electricity generation jumps 20%
Business

Electricity generation jumps 20%

July 28, 2026
Next Post
BPC rolls out mini grids

BPC rolls out mini grids

  • Vacancy Advert-Head StrategyAugust 14, 2026
    Vacancy Advert Botswana Development Corporation is transitioning into a purpose-driven, impact-focused mega investment company that is dedicated to prioritising its people and fostering meaningful economic transformation and sustainable growth. In this regard, the Corporation is looking for dynamic, zealous,… Read more: Vacancy Advert-Head Strategy
  • VACANCY – ASSOCIATE ATTORNEYAugust 14, 2026
    GOBHOZA LEGAL PRACTICE  Attorneys, Conveyancers, Notaries, Arbitrators & Corporate Services RelatedPosts Vacancy Advert-Head Strategy VACANCY – ASSOCIATE ATTORNEY JOB VACANCY- FARM WORKERS VACANCY – ASSOCIATE ATTORNEY Gobhoza Legal Practice invites applications from suitably qualified candidates for the position of… Read more: VACANCY – ASSOCIATE ATTORNEY
  • BPP power shiftAugust 12, 2026
    UDC back Prof Bulawa to succeed Molapise Power struggle results in Moswaane purge Race for presidency heats up BAKANG TIRO editors@thepatriot.co.bw RelatedPosts BPP power shift Billion-Pula Steve Harvey’s Trap Trans Kalahari Railway coming   Botswana Peoples Party (BPP) is… Read more: BPP power shift
  • XAGO SECURES BOTSWANA VASP LICENCE, ACCELERATING SOUTHERN AFRICAN EXPANSIONAugust 11, 2026
    Staff Writer Digital asset infrastructure company Xago has officially been granted a Virtual Asset Service Provider (VASP) licence in Botswana, marking a significant milestone in the company’s strategy to expand regulated digital financial services across Africa. RelatedPosts XAGO SECURES… Read more: XAGO SECURES BOTSWANA VASP LICENCE, ACCELERATING SOUTHERN AFRICAN EXPANSION
  • Billion-Pula Steve Harvey’s TrapAugust 10, 2026
    • US$79 million (P1.1 billion) Masisi- Harvey Btv deal frustrates UDC • US$12 million annually for Harvey’s management, talent & participation • US$5 million annually for licensing Harvey name & image rights. • US$51 million over three years for… Read more: Billion-Pula Steve Harvey’s Trap
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Not enough quota to unlock this post

To unlock this post, you need 1 quotas

Unlock left : 0
Are you sure want to cancel subscription?