See also:
» 18.03.2010 - IMF cooperates with Botswana to improve economic data
» 23.02.2010 - Botswana and Zimbabwe irons out difference
» 09.02.2010 - Khama accused of trampling on Bushmen’s rights
» 09.02.2010 - Botswana to exercise strict value budget spending, minister
» 08.02.2010 - Botswana youth get World Bank funding
» 28.01.2010 - Australia expands relations with Botswana
» 07.08.2009 - San communities in Botswana get USADF funding
» 17.07.2009 - Botswana’s San population receive US grant











China wholesale online through DHgate.com


Houlihan's coupons


Finn autentiske matoppskrifter fra hele verden på Verdensmat.no:
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares


Autentiske matoppskrifter fra hele verden finner du på Verdensmat.no:
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike


Botswana
Science - Education | Economy - Development | Society

New training levy introduced in Botswana

afrol News, 23 September - Botswana government has introduced a new vocational training tax, which might impact southern African diamond business.

Local media reports show that a little over a week from today, Botswana Unified Revenue Service (BURS) will start collecting national training levy.

In preparation for levy's introduction on October 1, reports indicate that joint teams of BURS and Botswana Training Authority (BOTA) are holding seminars across country to educate employers, tax consultants, accountants and business community about new tax.

Training levy shall be at rate of 0.2 percent of turnover at P250 000 mark and not more than P2 billion and 0.05 percent in case of turnover in excess of P2 billion, reports show.

"Employers with a turnover of less than P250 000 shall be exempted from payment of this levy. Alongside Vocational Training (Levy) Order is another statutory instrument, Vocational Training (Reimbursement) Regulations. Employers who have incurred training costs shall be entitled to reimbursement from Vocational Training Fund. This Fund will be sustained through money appropriated by parliament, levy imposed by Vocational Training (Levy) Order and money received from any other sources," reports said.

According to reports, every Pula, up to a maximum of P1000 per annum paid into Fund as levy, shall generate reimbursement of P5; every Pula above P1000 but below P5000 per annum shall generate an additional reimbursement of P2.50; and, every Pula in excess of P5000 per annum shall generate an additional reimbursement of P1.25.

"Entitlement to reimbursement shall be in case of employers who have provided training to citizens of Botswana either inside or outside country. An employer may claim reimbursement for training to non-citizens in cases where BOTA is satisfied that training is necessary for security reasons and will not delay localization plans of the claimant," reports said.

They further indicate that eligibility for reimbursement also applies to training that falls within Foundation, Intermediate and Certificate levels of Botswana National Vocational Qualifications Framework; training that includes a minimum of a total of 10 learning hours; training sourced from training institutions accredited under BOTA, Tertiary Education Council, national quality assurance bodies of same standing as BOTA operating in other countries; and, quality assurance criteria and processes comparable to those applied by BOTA.

"No reimbursement shall be provided for training costs in excess of those approved by BOTA. There shall also be no reimbursement for training provided outside Botswana unless BOTA was notified prior to the training about non-availability of such training locally and authorized such training. Southern Africa shall be considered for latter," reports added.


- Create an e-mail alert for Botswana news
- Create an e-mail alert for Science - Education news
- Create an e-mail alert for Economy - Development news
- Create an e-mail alert for Society news


 
    Printable version


On the Afrol News front page now

Rwanda
Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Guinea
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.



front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at mail@afrol.com