On 4 February 2019, Botswana's Minister of Finance and Economic Development delivered his budget speech for 2019/20 to the National Assembly. In the speech, the Minister noted that a bill seeking to amend the existing Transfer Duty Act was published in November 2018 and that the bill will be presented to Parliament in March 2019. The changes to the current Act include:
- The introduction of an exemption from paying transfer duty where a citizen acquires residential property for the first time…