Botswana at a glance
Political
& Economic Stability
Since independence in 1966 Botswana
has been a nation-state of good governance, with free and fair elections
involving a number of political parties held every five years. 13
political parties were registered for the last general election
which was held in 1999. There is respect for the rule of law and
the Judiciary is independent from influence of the Executive and
Legislative branches of Government. The laws of Botswana guarantee,
inter alia, individual and group freedoms of expression, association
and property ownership
Botswana’s economic progress
since independence is one of the few success stories of the African
continent. In 1966 Botswana was one of the 20 poorest countries
in the world with a per capita income equivalent to US$80. The country
now has a per capita income of approximately US$3,200. There were
only 3 secondary schools in 1966. Today there are over 300 secondary
schools. All children born in Botswana are guaranteed 9 years of
free education. No citizen of Botswana is more than 18 miles from
a health care facility.
Thirty six years ago Botswana had
only 6 kilometres ( 4 miles) of paved roads. The country now is
boasted by a network of modern roads covering an area over 7000
kilometres. Much of Botswana’s economic success is attributed
to good and accountable leadership, prudent management of resources,
especially revenue earned from diamond exports. Indeed Botswana
is one of the few countries where the endowment of such precious
natural resources such as diamonds never led to internal rifts over
ownership of the mines, the marketing of production from the mines
or how to spend the money earned from the gemstones. The Government
invested wisely in the education, health, clean water and telecommunications
sectors to create a better standard of living for its citizens and
more importantly to foster a conducive environment for free enterprise
to prosper. The fiscal and monetary policies of the Government of
Botswana are designed towards maintaining growth with social justice.
Botswana’s good environment
for business has been recognized by international credit rating
agencies. Both Moody’s and Standards & Poor have awarded
Botswana a sovereign credit rating in the A category. Transparency
International continues to recognize Botswana for having the least
corrupt system in Africa (you can click www.gov.bw
& www.botswana-tourism.gov.bw/
for more information)
OTHER KEY FACTS
| Capital
City: |
Gaborone |
| Head
of State: |
H.E. Mr. Festus
Gontebanye Mogae |
| Currency:
|
Pula notes &
thebe coins |
| National
Slogan: |
Pula (meaning
rain) |
| Population:
|
1.7 million
(2001 est) |
| Population
Growth Rate: |
2.4 % per annum
(2002 est) |
| Main
Exports: |
Diamonds, textiles,
beef, soda ash |
| Trading
Partners: |
Southern Africa,
European Union and America |
| GNP:
|
P32.0 billion
(2002 est) |
| Land
Size: |
582000 sq. km |
| Electricity:
|
230volt A/C
50 hz |
|