On 1 February 2021, Botswana's Minister of Finance and Economic Development delivered the budget speech for 2021/22 to the National Assembly. The main proposed tax measures include:

• An increase in the VAT rate from 12% to 14% with effect from 1 April 2021;
• An increase in the withholding tax rate on dividends from 7.5% to 10% with effect from 1 July 2021;
• An increase in the individual income ta…