It expalins why Botswana is very interested today in development of tourism and especially eco tourism in order to save existing natural features and resources to future generations: "The trade, hotels and restaurants sector has been growing by more than 10% per annum in recent years, showing the huge potential of tourism. Investment by the private sector in the Botswana economy as a whole has increased from P150m to P500m over the past ten years. Tourism investment has increased even faster from P12m to P55m." (From Tourism ripe for investment)
2. Identify any government tax or other financial incentive that may apply to a foreign (Service Sector) firm
Today government of Botswana provides a favorable investment climate for foreign investments that are ready to invest in non-mining sector of economy. Such practices according to the opinion of specialists will allow to create a developed infrastructure, will allow the country to introduce innovative technologies in all spheres of life, will increase skills and qualifications of workers and from the other side will allow to save unique natural resources of the country.
Government pays a special attention to investment in private sector of economy though special economic measures and opportunities such as attractive system of taxation, no exchange controls, etc. No exchange control in Botswana includes free reparation of profits, dividends and capital. Corporate tax for manufacturing companies and accredited financial organizations is only 15%, for other forms of business it's 25%. Government of Botswana also works on its taxation regulations: "From 1999 a new non-negotiable mining tax formula was introduced in order to provide international investors with greater certainty. A variable rate income tax was introduced with parameters set at internationally competitive levels, between a minimum of 25% and a maximum of 55%.." (from (http://www.discover-botswana.com/articles/doingbusiness.php)...
However, the expatriate has the net advantage of significantly superior product knowledge and control, even if the costs of maintaining him are also higher. Foremost, the expatriate must be able to travel from the host country to the home country in order to conduct face-to-face meetings with his superiors and inform them of the progresses made. Traveling however consumes time and energy and the employee could become tired and
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