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Topic: Economy of Botswana

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History of Botswana

	Botswana - Wikipedia, the free encyclopedia
		Botswana has been hit very hard by the AIDS epidemic; the average life expectancy is less than 40 years; the worst in the world.
		Botswana is in the process or formulating an Action Programme on the Elimination of Child Labour, which is expected to be adopted in the period 2006-2007.
		Botswana joins the African consensus on most major international matters and is a member of international organisations such as the United Nations, the Commonwealth of Nations and the African Union (AU).
	en.wikipedia.org /wiki/Botswana (1744 words)

	Economy of Botswana - Wikipedia, the free encyclopedia
		Botswana produced a total over 30 million carats (6,000 kg) of diamonds (about 25% of worldwide production) from the three Debswana mines in 1999, and is the highest producer of diamonds by value in the world.
		In 1998-99, non-mineral sectors of the economy grew at 8.9%, partially offsetting a slight 4.4% decline in the minerals sector.
		Botswana's currency -- the pula -- is fully convertible and is valued against a basket of currencies heavily weighted toward the South African rand.
	en.wikipedia.org /wiki/Economy_of_Botswana (1251 words)

	Economy - Botswana - Africa
		The economy of Botswana was formerly dependent on the export of live cattle and meat.
		The currency of Botswana is the pula (5.10 pulas equal U.S.$1; 2000 average).
		The only daily newspaper, the Botswana Daily News, is published by the government and had a circulation of 40,000 in 1996.
	www.countriesquest.com /africa/botswana/economy.htm (335 words)

	Botswana - Economy
		Botswana is basically an arid country, but irrigated crop farming has proved difficult to promote, while cattle ranching has tended to skew the distribution of agricultural incomes in favour of the large commercial farmers.
		Botswana is an arid country in which less than 5% of the land area is cultivable.
		Botswana’s government is committed to the promotion of free enterprise and offers generous investment incentives, which are regularly re-evaluated to ensure its continued competitiveness.
	www.iss.co.za /AF/profiles/Botswana/Economy.html (807 words)

	The Globalist \| Global Economy -- Botswana: A Development Success
		Botswana was suffering exactly the kind of liquidity crisis the IMF had originally been created to deal with — a crisis that could be eased by financing a deficit to forestall recession and hardship.
		Botswana, recognizing the volatility of its two main sectors, cattle and diamonds, had prudently set aside reserve funds for just such a crisis.
		Botswana is one of the success stories of development — averaging a growth rate of more than 7.5% from 1961 to 1997.
	www.theglobalist.com /DBWeb/printStoryId.aspx?StoryId=2507 (1250 words)

	globalEDGE (TM) \| country insights - Economy of Botswana (Site not responding. Last check: 2007-10-29)
		Botswana abolished foreign exchange controls in 1999, has a low corporate tax rate (15%), no prohibitions on foreign ownership of companies, and a moderate inflation rate (average annual inflation in 2004 was 7%).
		Botswana's currency--the Pula--is fully convertible and is valued against a basket of currencies heavily weighted toward the South African Rand.
		In November, 2003 representatives of Botswana, Namibia and South Africa signed an MOU to simplify documentation to move cargoes to and from the Port of Walvis Bay in Namibia.
	globaledge.msu.edu /ibrd/CountryEconomyPrint.asp?CountryID=80&RegionID=5 (1499 words)

	Botswana, Soouthern Africa: Travel, Trade and Tourism
		Botswana is primarily a parliamentary republic and the Botswana Democratic Party still commands a substantial majority within the country's parliament.
		Botswana has a population of approximately 1.5 million with most of the people living in the rural areas and subsistence farming as their main occupation.
		Botswana, roughly the size of Texas is a land-locked country bordered on the north and west by Namibia, the east by Zimbabwe and the south by South Africa.
	www.africa-ata.org /botswana.htm (1754 words)

	Economic Development of Botswana and Colombia (Site not responding. Last check: 2007-10-29)
		In 1971, capital expenditure in Botswana was 21.91% of GDP and 40.10% in Colombia.
		In Botswana, from 1985-86 the percentage share of income or consumption for the lowest 20 percent of Colombia's population was 3.6% of the income, the second quintile's share was 6.9%, the third quintile's share was 11.4%, the fourth quintile's share was 19.2%, and the highest 20 percent received 58.9%.
		Agriculture in Botswana still has a relatively high percentage of employees working in agriculture overall and this could be partially due to the lack of technological development and continued inefficiency of the agricultural processes.
	www.stanford.edu /~aalves/devel.html (5504 words)

	Botswana History Page 5: Economy
		The Botswana economy is regulated by a central bank, The Bank of Botswana, and a strong ministry of finance and development planning.
		Botswana has had the unusual problems of enormous foreign exchange reserves, a government budget surplus sometimes running into billions of dollars, and excess liquidity of capital lying unutilized in private banks.
		Botswana forms a customs union together with South Africa and Namibia, and is linked to Zimbabwe and Zambia as well as Namibia by SADC (Southern African Development Community).
	www.thuto.org /ubh/bw/bhp5.htm (2363 words)

	Botswana
		The roots of Botswana's democracy lie in Setswana traditions, exemplified by theKgotla, or village council, in which the powers of traditional leaders were limited bycustom and law.
		Botswana's impressive economic record has been built on a foundation of diamond mining,with prudent fiscal policies, international financial and technical assistance, andcareful foreign policy ensuring success.
		Botswana's currency--the pula--is fully convertible and is valued against a basket ofcurrencies heavily weighted toward the South African rand.
	clinton5.nara.gov /Africa/botswana.html (1804 words)

	Botswana. The Columbia Encyclopedia, Sixth Edition. 2001-05
		Botswana is a member of the Southern African Development Community.
		Botswana is a multiparty parliamentary republic operating under a 1966 constitution.
		On the political scene, the Botswana National Front, an organization acting on behalf of labor, has grown in popularity since independence, but elections in 1989 and 1994 again gave the ruling Botswana Democratic party (BDP) a majority in the national assembly.
	www.bartleby.com /65/bo/Botswana.html (1118 words)

	Botswana's Economy
		Botswana boasts one of the most successful economies in Africa, based largely on natural mineral resources and its burgeoning tourism industry.
		Botswana is the leading producer of gem-quality diamonds in the world with profits accounting for one third of the annual GDP.
		Diamonds, at present, account for 60% of the mineral output of Botswana but in line with its policy of diversification the government is starting to explore avenues relating to the export of copper, nickel, salt, soda ash, coal, iron ore and silver.
	www.go2africa.com /botswana/people/economy.asp (335 words)

	Botswana safaris and tours :: CC Africa
		Botswana: - Dubbed the Gem of Africa, the Republic of Botswana is situated in Southern Africa, nestled between Namibia, Zambia, Zimbabwe and South Africa.
		Botswana hosts many splendours, one of which is the world’s biggest inland river delta, the fertile Okavango, which flows into the vast Kalahari Desert.
		Botswana's stable economy is thanks to fact that it is one of the world’s top producers of diamonds.
	www.ccafrica.com /destinations/botswana (408 words)

	AllRefer.com - Botswana : Economy, Botswana (Botswanan Political Geography) - Encyclopedia
		Botswana's three diamond mines collectively make up one of the largest diamond reserves in the world, with stones mined by the government and a South African mining concern.
		Although Botswana's mineral wealth has made it one of the wealthiest nations of S Africa, high unemployment remains a problem.
		Botswana, because of its landlocked position, remains heavily dependent on South Africa, which provides port facilities.
	reference.allrefer.com /encyclopedia/B/Botswana-economy.html (359 words)

	Botswana Travel, Botswana Safaris & Tours
		Botswana is today with South Africa and Namibia one of the largest exporters of diamonds in the world.
		Botswana is divided into ten regions and has two main languages; Setswana and English; with English the language of business and government.
		Botswana is a relatively crime free country with very low levels of violent crime.
	www.bookinafrica.com /travel-to--botswana (934 words)

	Botswana Economy
		Botswana abolished foreign exchange controls in 1999, has a low corporate tax rate (15%), and no prohibitions on foreign ownership of companies.
		Botswana’s parliament recently adopted both a Privatization Master Plan and a new Competition Policy that are aimed at fostering economic diversification.
		Botswana is currently also negotiating a free trade agreement with Mercosur and an Economic Partnership Agreement with the European Union as part of SADC, and opened negotiations with China and India in 2005.
	www.traveldocs.com /bw/economy.htm (1819 words)

	Botswana Facts - Government, Economy, Water.
		Botswana's neighbouring countries are South Africa to the south, Zimbabwe to the east and Namibia to the north and west.
		Botswana's government is a Parliamentary Republic based on multiparty democracy; the country is lead from the capital Gaborone and by the current president "His Excellency Festus Mogae."
		The average annual rainfall across Botswana is between 250mm and 650mm and the rainy season would be considered late October to early April.
	www.botswana-safari.net /botswana_facts.html (550 words)

	Investors' Guide to Botswana, structure of the economy
		Botswana is a large country, with a small population and one major source of wealth, its diamonds.
		Botswana has always had inflation under control and has enjoyed budgetary surpluses for two decades, and massive foreign exchange reserves, though spending on tackling AIDS and other social infrastructure is now rising.
		Botswana also enjoys privileged access to European markets through the Cotonou Convention and can take advantage of the Africa Growth and Opportunities Act, the trade initiative passed by the US in October 2000, which provides duty free access into the USA for various African exports, especially fabrics and garments.
	www.discover-botswana.com /articles/structure_economy.php (1235 words)

	Botswana (Site not responding. Last check: 2007-10-29)
		The Republic of Botswana is a landlocked nation of southern Africa.
		The economy closely to South Africa's is dominated by cattle and mining.
		Smith uses the detective agency as a backdrop, to discuss the morality and ethics of Botswana, as a microcosm of the whole...
	www.freeglossary.com /Botswana (586 words)

	Botswana
		Botswana is a landlocked country in southern Africa.
		Botswana’s landscape is composed of deserts and savannas.
		Botswana has a multi-party parliamentary democracy, which has its roots in the villagecouncils of it’s tribal culture.
	clinton5.nara.gov /Africa/botswana-y.html (250 words)

	Economic Snapshot - Republic of Botswana (Site not responding. Last check: 2007-10-29)
		In 1974, about 40% of her exports were to South Africa while the remaining percentage went to Europe, the USA and other parts of the world.
		This resulted in Botswana graduating from a low income country to a middle income country with a per capita income of P9 359.
		In this regard, as an investment destination, Botswana is one of the best-rated countries in the developing world.
	www.gov.bw /economy (908 words)

	Mmegi Online ::> news we need to know (Site not responding. Last check: 2007-10-29)
		Although the government is inclined to deny it, the economy of Botswana seems to be in a crisis situation or, to put it mildly, in the doldrums.
		University of Botswana academics are accused of irrelevance because they do not comment or take the government to task for the poor performance of the economy and general lack of accountability on the part of the political leadership.
		The current president of Botswana, Festus Mogae, described Seretse “as a principled person who insisted on people expressing their views, even though he could easily have been a dictator, given how much prestige and respect he enjoyed and given the fact that he was a chief” (Nyamnjoh, 2002).
	www.mmegi.bw /2005/September/Wednesday14/1043241165106.html (1806 words)

	The Globalist \| Global Economy -- Botswana Vs. Zambia — Success Vs. Failure
		True, education levels were different at independence, but it was Botswana that had the less literate population.
		Botswana still has a horrific AIDS problem, but the government is now rich enough to offer drug therapy to people who need it.
		Botswana was, at independence in 1966, one of the poorest countries in the world.
	www.theglobalist.com /DBweb/printStoryId.aspx?StoryId=4403 (1587 words)

	FES Botswana: Socio-Economic Reforms
		Until today Botswana economy remains a largely monocultural economy, depending mainly on the exploitation and export of diamonds.
		Botswana, as a middle-income country, is not part of the restructuring programmes of the international finance institutions (World Bank, IMF).
		In its efforts to support these reforms, FES in Botswana is presently concentrating on two areas: the implementation of the privatisation policy and the development of a comprehensive and inclusive Social Security Policy.
	botswana.fes-international.de /02bSocio-Economic.htm (411 words)

	afrol News - New diamond prospecting in Botswana (Site not responding. Last check: 2007-10-29)
		For Botswana, the Orapa and Jwaneng exploration projects could mean even larger revenues from the diamond industry, which is already contributing heavily to the relative prosperity in the nation.
		Arounf one third of Botswana's annual GDP and three quarters of export earnings arise from the diamond industry.
		Botswana is often praised for being one of the world's few countries remaining politically stable and allocating revenues fairly despite the so-called "curse of natural resources".
	www.afrol.com /articles/14942 (646 words)

	An MBendi Profile: An MBendi Country Profile for Botswana including economic and travel overviews and directories of ...
		Botswana’s economy is one of the healthiest in Africa and the country has one of the world’s highest growth rates, largely attributed to abundant diamond resources coupled with sound macroeconomic policies.
		Botswana is the world’s biggest diamond producer in the world.
		Botswana has a number of chambers of commerce and industry and details of these can be found via our Organisation Search, as can details of relevant government departments.
	www.mbendi.co.za /land/af/bo/p0005.htm (1670 words)

	afrol News - AIDS starts killing also Batswana economy (Site not responding. Last check: 2007-10-29)
		Botswana holds two records; the strongest durable economic growth in Africa and the world's highest prevalence of HIV and AIDS infected.
		Botswana however remains heavily dependent on its diamond sector: it accounts for more than one-third of GDP and 70 percent of export earnings.
		The IMF however "commended the authorities for pursuing prudent macroeconomic policies, which, together with Botswana's substantial financial reserves, have helped the country weather these adverse external shocks." Negative growth had been avoided despite of these external shocks, which all may be of a temporal nature.
	www.afrol.com /News2002/bot009_econ_aids.htm (690 words)

	Botswana Country Brief: Economy (Site not responding. Last check: 2007-10-29)
		Botswana was one of the poorest countries when she attained her political independence in 1966 with a per capita income of about P60 (equivalent then to roughly US$80).
		Since independence, Botswana has had the highest average economic growth rate in the world at about 9% per year from 1966 through 1999.
		By value of diamonds, Botswana is the biggest producer in the world, with an annual output of 15 million carats.
	www.iiasa.ac.at /Research/POP/pde/briefs/bw-econ.html (1159 words)

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