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| | ==People== | | ==People== |
| | The Batswana, a term also used to denote all citizens of Botswana, refers to the country's major ethnic group (the "Tswana" in South Africa), which came into the area from South Africa during the Zulu wars of the early 1800s. Prior to European contact, the Batswana lived as herders and farmers under tribal rule. | | The Batswana, a term also used to denote all citizens of Botswana, refers to the country's major ethnic group (the "Tswana" in South Africa), which came into the area from South Africa during the Zulu wars of the early 1800s. Prior to European contact, the Batswana lived as herders and farmers under tribal rule. |
| − | *Nationality: Noun and adjective--Motswana (sing.), Batswana (pl.). | + | *Nationality: Noun and adjective—Motswana (sing.), Batswana (pl.). |
| | *Population (est.): 1.84 million. | | *Population (est.): 1.84 million. |
| | *Annual population growth rate (2008): 1.434%. | | *Annual population growth rate (2008): 1.434%. |
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| | *Religions: Christianity 70%, none 20%, indigenous beliefs 6%, other 4%. | | *Religions: Christianity 70%, none 20%, indigenous beliefs 6%, other 4%. |
| | *Languages: English (official), Setswana, Ikalanga. | | *Languages: English (official), Setswana, Ikalanga. |
| − | *Education: Adult literacy--81%. | + | *Education: Adult literacy—81%. |
| − | *Health (2008): Life expectancy--50.6 years. Infant mortality rate--44.01/1,000. | + | *Health (2008): Life expectancy—50.6 years. Infant mortality rate—44.01/1,000. |
| | *Work force (2005/2006 est.): 548,600 employed; total including unemployed, 651,500. | | *Work force (2005/2006 est.): 548,600 employed; total including unemployed, 651,500. |
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| | ===Principal Government Officials=== | | ===Principal Government Officials=== |
| − | *President--Lt. Gen. (ret.) Seretse Khama Ian Khama | + | *President—Lt. Gen. (ret.) Seretse Khama Ian Khama |
| − | *Vice President--Lt. Gen. (ret.) Mompati S. Merafhe | + | *Vice President—Lt. Gen. (ret.) Mompati S. Merafhe |
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| | ===Foreign Relations=== | | ===Foreign Relations=== |
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| | *Per capita nominal GDP (2008): $7,343. | | *Per capita nominal GDP (2008): $7,343. |
| | *Natural resources: Diamonds, copper, nickel, coal, soda ash, salt, gold, potash. | | *Natural resources: Diamonds, copper, nickel, coal, soda ash, salt, gold, potash. |
| − | *Agriculture (1.6% of real GDP, 2007/2008): Products--livestock, sorghum, white maize, millet, cowpeas, beans. | + | *Agriculture (1.6% of real GDP, 2007/2008): Products—livestock, sorghum, white maize, millet, cowpeas, beans. |
| − | *Industry: Types--mining (36% of real GDP, 2007/2008): diamonds, copper, nickel, coal; tourism, textiles, construction, tourism, beef processing, chemical products production, food and beverage production. | + | *Industry: Types—mining (36% of real GDP, 2007/2008): diamonds, copper, nickel, coal; tourism, textiles, construction, tourism, beef processing, chemical products production, food and beverage production. |
| − | *Trade (2008): Exports--$5.127 billion f.o.b.: diamonds, nickel, copper, meat products, textiles, hides, skins, and soda ash. Partners--EU, South Africa. Imports--$3.931 billion f.o.b.: machinery, transport equipment, manufactured goods, food, chemicals, fuels. Major suppliers--South Africa, EU, and U.S. | + | *Trade (2008): Exports--$5.127 billion f.o.b.: diamonds, nickel, copper, meat products, textiles, hides, skins, and soda ash. Partners—EU, South Africa. Imports--$3.931 billion f.o.b.: machinery, transport equipment, manufactured goods, food, chemicals, fuels. Major suppliers—South Africa, EU, and U.S. |
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| | ====Mining==== | | ====Mining==== |
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| | ====Tourism==== | | ====Tourism==== |
| − | Tourism is an increasingly important industry in Botswana, accounting for almost 12% of GDP, despite only modest growth of 2.9% in 2003/2004. One of the world's unique ecosystems, the Okavango Delta, is located in Botswana. The country offers excellent game viewing and birding both in the Delta and in the Chobe Game Reserve--home to one of the largest herds of free-ranging elephants in the world. Botswana's Central Kalahari Game Reserve also offers good game viewing and some of the most remote and unspoiled wilderness in southern Africa. | + | Tourism is an increasingly important industry in Botswana, accounting for almost 12% of GDP, despite only modest growth of 2.9% in 2003/2004. One of the world's unique ecosystems, the Okavango Delta, is located in Botswana. The country offers excellent game viewing and birding both in the Delta and in the Chobe Game Reserve—home to one of the largest herds of free-ranging elephants in the world. Botswana's Central Kalahari Game Reserve also offers good game viewing and some of the most remote and unspoiled wilderness in southern Africa. |
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| | ====Agriculture==== | | ====Agriculture==== |
| − | More than one-half of the population lives in rural areas and is largely dependent on subsistence crop and livestock farming. Agriculture meets only a small portion of food needs and contributes a very small amount to GDP--primarily through beef exports--but it remains a social and cultural touchstone. Cattle raising in particular dominated Botswana's social and economic life before independence. The national herd is estimated between 2 and 3 million head, but the cattle industry is experiencing a protracted decline. | + | More than one-half of the population lives in rural areas and is largely dependent on subsistence crop and livestock farming. Agriculture meets only a small portion of food needs and contributes a very small amount to GDP—primarily through beef exports—but it remains a social and cultural touchstone. Cattle raising in particular dominated Botswana's social and economic life before independence. The national herd is estimated between 2 and 3 million head, but the cattle industry is experiencing a protracted decline. |
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| | ====Private Sector Development and Foreign Investment==== | | ====Private Sector Development and Foreign Investment==== |
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| | U.S. investment in Botswana remains at relatively low levels. Major U.S. corporations, such as H.J. Heinz and AON Corporation, are present through direct investments, while others, such as Kentucky Fried Chicken and Remax, are present via [[franchise]]. The sovereign credit ratings by Moody's and Standard & Poor's clearly indicate that, despite continued challenges such as small market size, landlocked location, and cumbersome bureaucratic processes, Botswana remains one of the best investment opportunities in the developing world. Botswana has a 90-member American Business Council that accepts membership from American-affiliated companies. | | U.S. investment in Botswana remains at relatively low levels. Major U.S. corporations, such as H.J. Heinz and AON Corporation, are present through direct investments, while others, such as Kentucky Fried Chicken and Remax, are present via [[franchise]]. The sovereign credit ratings by Moody's and Standard & Poor's clearly indicate that, despite continued challenges such as small market size, landlocked location, and cumbersome bureaucratic processes, Botswana remains one of the best investment opportunities in the developing world. Botswana has a 90-member American Business Council that accepts membership from American-affiliated companies. |
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| − | Because of history and geography, Botswana has long had deep ties to the economy of South Africa. The Southern Africa Customs Union (SACU), comprised of Botswana, Namibia, Lesotho, Swaziland, and South Africa, dates from 1910, and is the world's oldest customs union. Under this arrangement, South Africa has collected levies from customs, sales, and excise duties for all five members, sharing out proceeds based on each country's portion of imports. The exact formula for sharing revenues and the decision-making authority over duties--held exclusively by the Government of South Africa--became increasingly controversial, and the members renegotiated the arrangement in 2001. A new structure has now been formally ratified and a SACU Secretariat has been established in Windhoek, Namibia. Following South Africa's accession to the World Trade Organization (WTO, of which Botswana also is a member), many of the SACU duties are declining, making American products more competitive in Botswana. Currently the SACU countries and the U.S. are negotiating a free trade agreement. Botswana is currently also negotiating a free trade agreement with Mercosur and an Economic Partnership Agreement with the European Union as part of SADC, and opened negotiations with China and India in 2005. | + | Because of history and geography, Botswana has long had deep ties to the economy of South Africa. The Southern Africa Customs Union (SACU), comprised of Botswana, Namibia, Lesotho, Swaziland, and South Africa, dates from 1910, and is the world's oldest customs union. Under this arrangement, South Africa has collected levies from customs, sales, and excise duties for all five members, sharing out proceeds based on each country's portion of imports. The exact formula for sharing revenues and the decision-making authority over duties—held exclusively by the Government of South Africa—became increasingly controversial, and the members renegotiated the arrangement in 2001. A new structure has now been formally ratified and a SACU Secretariat has been established in Windhoek, Namibia. Following South Africa's accession to the World Trade Organization (WTO, of which Botswana also is a member), many of the SACU duties are declining, making American products more competitive in Botswana. Currently the SACU countries and the U.S. are negotiating a free trade agreement. Botswana is currently also negotiating a free trade agreement with Mercosur and an Economic Partnership Agreement with the European Union as part of SADC, and opened negotiations with China and India in 2005. |
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| − | Botswana's currency--the Pula--is fully convertible and is valued against a basket of currencies heavily weighted toward the South African Rand. Profits and direct investment can be repatriated without restriction from Botswana. The Botswana Government eliminated all exchange controls in 1999. The Central Bank devalued the Pula by 12.5% in May 2005 in a bid to maintain export competitiveness against the real appreciation of the Pula and restructured the exchange rate mechanism to a crawling peg system to ensure against future large-scale devaluations. | + | Botswana's currency—the Pula—is fully convertible and is valued against a basket of currencies heavily weighted toward the South African Rand. Profits and direct investment can be repatriated without restriction from Botswana. The Botswana Government eliminated all exchange controls in 1999. The Central Bank devalued the Pula by 12.5% in May 2005 in a bid to maintain export competitiveness against the real appreciation of the Pula and restructured the exchange rate mechanism to a crawling peg system to ensure against future large-scale devaluations. |
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| − | Botswana is the immediate past chair of the 14-nation Southern African Development Community (SADC), and Gaborone hosts the SADC Secretariat's headquarters. SADC replaced the Southern Africa Development Coordination Conference (SADCC--launched in 1980, which focused its efforts on freeing regional economic development from dependence on apartheid South Africa. SADC embraced the newly democratic South Africa as a member in 1994. It has a broad mandate to encourage growth, development, and economic integration in Southern Africa. SADC's Trade Protocol, which was launched on September 1, 2000, calls for the elimination of all tariff and non-tariff barriers to trade by 2008 among the 11 signatory countries. Zimbabwe's membership has limited SADC's opportunities for cooperation with the United States. | + | Botswana is the immediate past chair of the 14-nation Southern African Development Community (SADC), and Gaborone hosts the SADC Secretariat's headquarters. SADC replaced the Southern Africa Development Coordination Conference (SADCC—launched in 1980, which focused its efforts on freeing regional economic development from dependence on apartheid South Africa. SADC embraced the newly democratic South Africa as a member in 1994. It has a broad mandate to encourage growth, development, and economic integration in Southern Africa. SADC's Trade Protocol, which was launched on September 1, 2000, calls for the elimination of all tariff and non-tariff barriers to trade by 2008 among the 11 signatory countries. Zimbabwe's membership has limited SADC's opportunities for cooperation with the United States. |
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| | ====Transportation and Communications==== | | ====Transportation and Communications==== |