Botswana - Domestic trade



Small general stores usually carry a variety of items, but food, fuel, and clothing staples make up most of their stock. There are also a few wholesalers, and some traders act as local agents for larger firms. To augment their incomes, other traders operate postal or transport services, restaurants, butcheries, and bakeries. The traders play an important role as middlemen between the local livestock and crop producers and the slaughterhouses, factories, and exporters. There are also a number of South African and US franchises in Botswana, including fast food, supermarkets and department stores. Major U.S. investors include Owens Corning, H.J. Heinz, Coca-Cola, IBM, Xerox, and Kentucky Fried Chicken. Such private sector, foreign investments are encouraged by low corporate taxes and no prohibitions of foreign ownership. The government has eliminated all foreign exchange controls.

Business hours are 7:30 AM to 4:30 PM , Monday through Friday with a 45-minute lunch break, and most retail businesses are also open Saturdays and Sundays until midday.

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