Botswanas Mining Fiscal Regime, H1 2015: Latest Industry Size and Trends report

on Sunday, 15 March 2015 include new market research report " Botswanas Mining Fiscal Regime, H1 2015: Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Botswana has an abundance of mineral resources such as diamond, copper, nickel and silver. The mining industry in Botswana is governed by the Ministry of Mineral, Energy and Water Resources (MMEWR) and sub-departments such as the Department of Geological Survey (DGS), the Department of Water Affairs (DWA) and the Department of Mines (DoM).The Mines and Mineral Act, 1999, regulates the law related to mines and the minerals sector of Botswana.

The report outlines Botswana's governing bodies, laws, licenses, rights, obligations and tax-related information which includes royalty, license fees, corporate income tax, capital gains tax, withholding tax, capital allowance, loss carry forward and value added tax (Vat).

Botswanan fiscal regime report outlines the governing bodies, laws, licenses, rights, obligations and tax-related information covering five main commodities: coal, copper, silver, nickel and diamond.

Key highlights:-
  • The Ministry of Minerals, Energy and Water Resources is responsible for the coordination of the development and operation of the energy, water and mineral sectors of the country.
  • The Mines and Mineral Act, 1999 regulates the mines and minerals sector. The act oversees the issuance, renewal and termination of mineral concessions.
  • The explosives act oversees the manufacture, importation, sale, transport, storage, use and disposal of explosives.
  • The Unwrought Precious Metals act details the rules for the control of dealings in unwrought precious metals.
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