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Ease of Doing Business in

Botswana

Botswana Download Profile (1720.2KB, pdf)
Region Sub-Saharan Africa
Income Category Upper middle income
Population 2,262,485
GNI Per Capita (US$) 6,510
City covered Gaborone

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

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Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 71 70 down
1
65.55 65.39 down
0.16
Starting a Business 153 143 down
10
76.21 76.21
-
Dealing with Construction Permits 50 53 up
3
74.81 73.70 up
1.11
Getting Electricity 125 124 down
1
59.25 59.34 down
0.09
Registering Property 70 69 down
1
67.27 67.25 up
0.02
Getting Credit 75 70 down
5
55.00 55.00
-
Protecting Minority Investors 81 78 down
3
55.00 55.00
-
Paying Taxes 55 52 down
3
80.58 80.58
-
Trading across Borders 51 51
-
85.93 85.93
-
Enforcing Contracts 132 130 down
2
50.95 50.95
-
Resolving Insolvency 64 64
-
50.53 49.97 up
0.56

Positive= Doing Business reform making it easier to do business.Negative= Change making it more difficult to do business.

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DB 2017 Rank:

81

DB 2016 Rank:

78

Change in Rank:

down3

DB 2017 DTF (% points):

55.00

DB 2016 DTF (% points):

55.00

Change in DTF (% points):

0.00

Indicator Botswana Sub-Saharan Africa OECD high income
Strength of minority investor protection index (0-10) info_outline 5.5 4.3 6.5
Extent of conflict of interest regulation index (0-10) info_outline 6 4.8 6.3
Extent of shareholder governance index (0-10) info_outline 5 3.8 6.6
  • Answer Score
    Strength of minority investor protection index (0-10) 5.5
    Extent of conflict of interest regulation index (0-10) 6.0
    Extent of disclosure index (0-10) 7.0
    Which corporate body is legally sufficient to approve the Buyer-Seller transaction? (0-3) Shareholders or board of directors including interested parties 1.0
    Must Mr. James disclose his conflict of interest to the board of directors? (0-2) Full disclosure of all material facts 2.0
    Must Buyer disclose the transaction in published periodic filings (annual reports)? (0-2) Disclosure on the transaction and on the conflict of interest 2.0
    Must Buyer immediately disclose the transaction to the public and/or shareholders? (0-2) Disclosure on the transaction only 1.0
    Must an external body review the terms of the transaction before it takes place? (0-1) Yes 1.0
    Extent of director liability index (0-10) 8.0
    Can shareholders representing 10% of Buyer's share capital sue directly or derivatively for the damage the transaction caused to Buyer? (0-1) Yes 1.0
    Can shareholders hold the interested director liable for the damage the transaction caused to Buyer? (0-2) Liable if unfair or prejudicial 2.0
    Can shareholders hold the other directors liable for the damage the transaction caused to Buyer (0-2) Liable if unfair or prejudicial 2.0
    Must Mr. James pay damages for the harm caused to Buyer upon a successful claim by shareholders? (0-1) Yes 1.0
    Must Mr. James repay profits made from the transaction upon a successful claim by shareholders? (0-1) Yes 1.0
    Is Mr. James disqualified or fined and imprisoned upon a successful claim by shareholders? (0-1) No 0.0
    Can a court void the transaction upon a successful claim by shareholders? (0-2) Voidable if negligently concluded 1.0
    Ease of shareholder suits index (0-10) 3.0
    Before suing can shareholders representing 10% of Buyer's share capital inspect the transaction documents? (0-1) No 0.0
    Can the plaintiff obtain any documents from the defendant and witnesses at trial? (0-3) Any relevant document 3.0
    Can the plaintiff request categories of documents from the defendant without identifying specific ones? (0-1) No 0.0
    Can the plaintiff directly question the defendant and witnesses at trial? (0-2) No 0.0
    Is the level of proof required for civil suits lower than that of criminal cases? (0-1) No 0.0
    Can shareholder plaintiffs recover their legal expenses from the company? (0-2) At the discretion of the court 0.0
    Extent of shareholder governance index (0-10) 5.0
    Extent of shareholder rights index (0-10) 6.0
    Does the sale of 51% of Buyer's assets require shareholder approval? Yes 1.0
    Can shareholders representing 10% of Buyer's share capital call for an extraordinary meeting of shareholders? Yes 1.0
    Must Buyer obtain its shareholders’ approval every time it issues new shares? No 0.0
    Do shareholders automatically receive preemption rights every time Buyer issues new shares? No 0.0
    Must shareholders approve the election and dismissal of the external auditor? Yes 1.0
    Are changes to the rights of a class of shares only possible if the holders of the affected shares approve? Yes 1.0
    Assuming that Buyer is a limited company, does the sale of 51% of its assets require member approval? Yes 1.0
    Assuming that Buyer is a limited company, can members representing 10% call for an extraordinary meeting of members? Yes 1.0
    Assuming that Buyer is a limited company, must all members consent to add a new member? No 0.0
    Assuming that Buyer is a limited company, must a member first offer to sell his interest to the existing members before selling to a non-member? No 0.0
    Extent of ownership and control index (0-10) 3.0
    Is it forbidden to appoint the same individual as CEO and chair of the board of directors? No 0.0
    Must the board of directors include independent and nonexecutive board members? No 0.0
    Can shareholders remove members of the board of directors without cause before the end of their term? Yes 1.0
    Must the board of directors include a separate audit committee exclusively comprising board members? No 0.0
    Must a potential acquirer make a tender offer to all shareholders upon acquiring 50% of Buyer? No 0.0
    Must Buyer pay dividends within a maximum period set by law after the declaration date? No 0.0
    Is a subsidiary prohibited from acquiring shares issued by its parent company? Yes 1.0
    Assuming that Buyer is a limited company, is there a management deadlock breaking mechanism? Yes 1.0
    Assuming that Buyer is a limited company, must a potential acquirer make a tender offer to all shareholders upon acquiring 50% of Buyer? No 0.0
    Assuming that Buyer is a limited company, must Buyer distribute profits within a maximum period set by law after the declaration date? No 0.0
    Extent of corporate transparency index (0-10) 6.0
    Must Buyer disclose direct and indirect beneficial ownership stakes representing 5%? Yes 1.0
    Must Buyer disclose information about board members’ other directorships as well as basic information on their primary employment? No 0.0
    Must Buyer disclose the compensation of individual managers? No 0.0
    Must a detailed notice of general meeting be sent 21 days before the meeting? No 0.0
    Can shareholders representing 5% of Buyer’s share capital put items on the agenda for the general meeting? Yes 1.0
    Must Buyer's annual financial statements be audited by an external auditor? Yes 1.0
    Must Buyer disclose its audit reports to the public? Yes 1.0
    Assuming that Buyer is a limited company, must members meet at least once a year? No 0.0
    Assuming that Buyer is a limited company, can members representing 5% put items on the meeting agenda? Yes 1.0
    Assuming that Buyer is a limited company, must Buyer's annual financial statements be audited by an external auditor? Yes 1.0