Types Of Business Entities

Private (called "Proprietary") and public limited companies are two most common business entities used in Botswana. Private companies have members (shareholders) of 25 or less; As are common with private limited companies, their shares can't be freely transferred and such companies may not seek funds publicly.  Click https://www.rsm.global/botswana/insights/doing-business-botswana/brief-summary-botswana-companies-act to see Brief Summary of Botswana Companies Act for more detailed information.

Sole-traders are often hawkers or small traders or professionals such as doctors, engineers and accountants practising on their own. Partnerships are normally audit firms and joint ventures between two or three companies. It is rare to find a partnership firm carrying out business in Botswana.  "Close Corporation" is a new type of entity which does not have directors or shareholders but only members who will however have limited liability like a proprietary or public limited company. Close Corporations are however not popular. Cooperative Societies conduct business in Botswana but they are not popular. There are family trusts and public trusts carrying out business in Botswana but such forms are now gaining popularity because of recently enacted Trust Property Control Act 2018 that has been amended once already to extend transition period.  All trustees are now required to register trusts with the Master of High Court, who has extensive powers to even change the provisions of the trust deed if they don't favour the beneficiaries.  We thus hope that more and more trusts will be formed not only to protect assets but also to require a professional person to represent investors in managing or governing a business venture in Botswana.

When it comes to non-profit entities, Trusts are the most common entities. Trusts own mostly schools, places of worship, colleges and vocational centres. Companies are also formed to carry out non-profit activities and they are exempted to keep "Limited" as part of their name. Private individuals and association of persons often form companies to carry out non-profit activities particularly when they seek donor funds. Cooperative Societies in Botswana carry out Savings and micro-lending operations in the form Employee Associations.

Publicly Traded Entities (May 2021) -  Quoted in Botswana Stock Exchange

Agriculture                

Seedco International Limited

Bank                           

Standard Chartered Bank Botswana Limited      

Absa Bank Botswana Limited    

BancABC Botswana Limited       

First National Bank of Botswana

Investec Limited (Foreign Main Board)

Breweries                 

Sechaba Breweries

Communications     

Botswana Telecommunications Limited

Distribution              

CA Sales Holdings Limited (Foreign Main Board)

Fuel Distribution     

Engen Botswana Limited

Hotel                          

Cresta Limited

Insurance                  

Botswana Insurance Holdings Limited

Manufacturing         

Olympia Capital Corporation

Microfinance            

Letshego Holdings Limited

Mining                       

Minergy Limited

Anglo American plc (Foreignn Main Board)

Shumba Energy Limited (Foreign Main Board)

Tlou Energy Limited (Foreign Main Board)

Botswana Diamnds Limited (Foreign Venture Capital Board)

Lucara Diamon Corp (Foreign Venture Capital Board)

Property                    

Far Property Company 

Letlole La Rona Limited

New Africa Property Holdings   

Primetime Property Holdings Limited    

RDC Properties Limited

Turnstar Holdings Limited

Retail Chain              

Choppies Enterprises Limited

Security                     

G4S Botswana Limited

Tourism                     

Chobe Holdings Limited

Wholesale                

Sefalana Sa Botswana Limited

 

Regulatory aUTHORITIES (list is not exhaustive)

Botswana Accountancy Oversight Authority

Bank of Botswana (BOB)

Botswana Communications Regulatory Authority (BOCRA)

Botswana Energy Regulatory Authority (BERA)

Botswana Examination Council (BEC)

Botswana Qualification Authority (BQA)

Botswana Unified Revenue Services (BURS)

Civil Aviation Authority (CAAB)

Non-Bank Financial Institutions Regulatory Authority (NBFIRA)

Public Procurement & assert Disposal Board (PPADB)

Public Enterprises Evaluation and Privatisation Agency (PEEPA)

Real Estate Advisory Council

 

IMPLEMENTING AGENCIES (list not exhaustive)

Air Botswana (AB)

Botswana Accountancy College (BAC)

Botswana Agricultural Marketing Board (BAMB)

Botswana Fiber Network (BoFiNet)

Botswana Football Association (BFA)

Botswana Geoscience Institute (BGI)

Botswana Housing Corporation (BHC)

Botswana Innovation Hub (BIH)

Botswana Institute for Development Policy Analysis (BIDPA)

Botswana Institute for Technology Research and Innovation (BITRI)

Botswana International University Science and Technology (BUIST)

Botswana Meat Commision (BMC)

Botswana National Olympic Committee (BNOC)

Botswana National Productivity Centre (BNPC)

Botswana National Sport Commission (BNSC)

Botswana National Youth Council (BNYC)

Botswana Oil Limited. (BOL)

Botswana Open University (BOU)

Botswana Postal Services (BPS)

Botswana Power Corporation (BPC)

Botswana Railways (BR)

Botswana Savings Bank (BSB)

Botswana Stock Exchange (BSE)

Botswana Telecommunications Corporation (BTC)

Botswana University of Agriculture and Natural Resources (BUAN)

Botswana Vaccine Institute (BVI)

Construction Industry Trust Fund (CITF)

Human Resource Development Council (HRDC)

Legal Aid Botswana

Motor Vehicle Accident Fund (MVA)

National Agricultural Research and Development Institution (NARDI)

National Development Bank (NDB)

National Food Technology Research Centre (NFTRC)

Okavango Diamond Company (Pty) Ltd. (ODC)

Statistics Botswana(SB)

University of Botswana (UB)

Vision2036

Water Utilities Corporation

 

Non-Governmental Organisations (NGO's) (List not exhaustive)

Botswana Bureau of Standards 

Botswana Confederation of Commence, Industry & Manpower  

Botswana Council of Non-Government Organisations     

Botswana Council of Women     

Botswana Family Welfare Association    

Botswana National Productivity Centre 

Botswana National Youth Council           

Botswana Network of AIDS Service Organisations            

Environmental Heritage Foundation      

National Youth Centre  

Women's NGO Coalition of Botswana    

Youth Health Organisation (YOHO)

 

Botswana Trusts, the way to go.

24 January 2019
Trust is a great form of organisation, business organisation, rather.  Transfer of business wealth from a generation to another can be facilitated through Trusts.  Assets may be held in Trusts for care by professional trustees, particularly assets giving rise to passive income or simple businesses or insurance policies and long term investments that need to grow wi

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