Botswana

Botswana /bɒtswɑːnə/, officially the Republic of Botswana (Tswana: Lefatshe la Botswana), is a landlocked country located in Southern Africa. The citizens refer to themselves as "Batswana" (singular: Motswana). Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966. It has held uninterrupted democratic elections since independence.

• Geographical data

  • At 581,730 km2 (224,607 sq mi) Botswana is the world's 48th-largest country. It is comparable in size to Madagascar, and is slightly smaller than the U.S. state of Texas and the Canadian province of Manitoba. It lies between latitudes 17° and 27°S, and longitudes 20° and 30°E.

    The country is predominantly flat, tending toward gently rolling tableland. Botswana is dominated by the Kalahari Desert, which covers up to 70% of its land surface. The Okavango Delta, one of the world's largest inland deltas, is in the northwest. The Makgadikgadi Pan, a large salt pan, lies in the north.

    The Limpopo River Basin, the major landform of all of southern Africa, lies partly in Botswana, with the basins of its tributaries, the Notwane, Bonwapitse, Mahalapswe, Lotsane, Motloutse and the Shashe, located in the eastern part of the country. The Notwane provides water to the capital through the Gaborone Dam. The Chobe River lies to the north, providing a boundary between Botswana and Namibia's Zambezi Region. The Chobe River meets with the Zambezi River at a place called Kazungula (meaning a small sausage tree, a point where Sebitwane and his Makololo tribe crossed the Zambezi into Zambia).

• Demographics

  • The Tswana are the majority ethnic group in Botswana, making up 79% of the population. The largest minority ethnic groups are the BaKalanga, Bushmen or AbaThwa also known as Basarwa. Other tribes are Bayei, Bambukushu, Basubia, Baherero and Bakgalagadi. In addition, there are small numbers of whites and Indians, both groups being roughly equally small in number. Botswana's Indian population is made up of many Indian-Africans of several generations, from Mozambique, Kenya, Tanzania, Mauritius, South Africa, and so on, as well as first generation Indian immigrants. The white population speaks English and Afrikaans and makes up roughly 3% of the population.

    Since 2000, because of deteriorating economic conditions in Zimbabwe, the number of Zimbabweans in Botswana has risen into the tens of thousands.

    Fewer than 10,000 Bushmen are still living the traditional hunter-gatherer style of life. Since the mid-1990s the central government of Botswana has been trying to move San out of their lands. The UN's top official on indigenous rights, Prof. James Anaya, condemned Botswana's actions toward the Bushmen in a report released in February 2010.

• Administrative divisions

  • Botswana is divided into 9 districts.

• Economy

  • The Bank of Botswana serves as a central bank in order to develop and maintain the Botswana pula, the country's currency. Since independence, Botswana has had one of the fastest growth rates in per capita income in the world. Botswana has transformed itself from one of the poorest countries in the world to a middle-income country. By one estimate, it has the fourth highest gross national income at purchasing power parity in Africa, giving it a standard of living around that of Mexico and Turkey.

    The Ministry of Trade and Industry of Botswana is responsible for promoting business development throughout the country. According to the International Monetary Fund, economic growth averaged over 9% per year from 1966 to 1999. Botswana has a high level of economic freedom compared to other African countries. The government has maintained a sound fiscal policy, despite consecutive budget deficits in 2002 and 2003, and a negligible level of foreign debt. It earned the highest sovereign credit rating in Africa and has stockpiled foreign exchange reserves (over $7 billion in 2005/2006) amounting to almost two and a half years of current imports.

    An array of financial institutions populates the country's financial system, with pension funds and commercial banks being the two most important segments by asset size. Banks remain profitable, well-capitalized, and liquid, as a result of growing national resources and high interest rates.

    Botswana's competitive banking system is one of Africa's most advanced. Generally adhering to global standards in the transparency of financial policies and banking supervision, the financial sector provides ample access to credit for entrepreneurs. The opening of Capital Bank in 2008 brought the total number of licensed banks to eight. The government is involved in banking through state-owned financial institutions and a special financial incentives program that is aimed at increasing Botswana's status as a financial centre. Credit is allocated on market terms, although the government provides subsidized loans. Reform of non-bank financial institutions has continued in recent years, notably through the establishment of a single financial regulatory agency that provides more effective supervision. The government has abolished exchange controls, and with the resulting creation of new portfolio investment options, the Botswana Stock Exchange is growing.

    The constitution prohibits the nationalization of private property and provides for an independent judiciary, and the government respects this in practice. The legal system is sufficient to conduct secure commercial dealings, although a serious and growing backlog of cases prevents timely trials. The protection of intellectual property rights has improved significantly. Botswana is ranked second only to South Africa among sub-Saharan Africa countries in the 2009 International Property Rights Index.

    While generally open to foreign participation in its economy, Botswana reserves some sectors for citizens. Increased foreign investment plays a significant role in the privatization of state-owned enterprises. Investment regulations are transparent, and bureaucratic procedures are streamlined and open, although somewhat slow. Investment returns such as profits and dividends, debt service, capital gains, returns on intellectual property, royalties, franchise's fees, and service fees can be repatriated without limits.

    Botswana imports refined petroleum products and electricity from South Africa. There is some domestic production of electricity from coal. In spite of one the highest insolation levels in the world, Botswana has no significant solar energy capacity.

• Culture

  • Besides referring to the language of the dominant people groups in Botswana, Setswana is the adjective used to describe the rich cultural traditions of the Batswana-whether construed as members of the Tswana ethnic groups or of all citizens of Botswana. The Scottish writer Alexander McCall Smith has written popular novels (No. 1 Ladies' Detective Agency series) about Botswana that entertain as well as inform the reader about the culture and customs of Botswana.