Did you know that deer are crepuscular? Because the activity of deer peaks within an hour of either side of dawn or dusk, deer have evolved to optimize their vision for very low light.
Transfer Duty (Amendment) Bill, 2023
On 3 March 2023, the Ministry of Finance (“Ministry”) published the Transfer Duty Bill for consideration by the National Assembly of Botswana. The objective of the Transfer Duty Bill is to recommend changes to the prevailing transfer duty regime in Botswana.
The Presidential Directive CAB 20(B)/2017 of 27 July 2017 (the “Directive”)
Thanks to the Deeds Registry Office, holders of state land title may now seamlessly renew their ownership of state land. The Presidential Directive CAB20(B)/2017 of 27 July 2017 (the “Directive”)…
Estate Planning – Do you have a Will?
Writing a will is an important step that many procrastinate. The reason may be that it is uncomfortable to think and plan about your own death. Or perhaps we think that we still have time or that making a will is expensive. However, a will is one of the most caring…
An overview of the legal framework on security over movable property in Botswana – Part 2
The Movable Property (Security Interests) Act, 2022 (the “Act”) was assented into law on 25th February 2022, with the commencement date yet to be announced.
Commencement of the Tribal Land Act.
The re-enacted Tribal Land Act of 2018 (“the Act”) commenced on 20 April 2022 (“the Commencement Date”). The Act repeals the Tribal Land Act of 1968 (“the Repealed Act”) and introduces major changes to the holding of tribal land in Botswana.
An overview of the legal framework on security over movable property in Botswana
Taking security over movable assets in Botswana has been regulated by various pieces of legislation including the Hypothecation Act and Deeds Registry Act, and the common law.
Bookbinder Business Law Advises Babereki Investments Proprietary Limited on BOPEU Enclave Joint Venture
Bookbinder Business Law has advised Babereki Investments Proprietary Limited, a company owned by Botswana Public Employees Union (BOPEU), on its entry into a joint-venture transaction with International Housing Solutions for construction of the BOPEU Enclave residential development. BOPEU Enclave comprises of 240 residential sectional title units to be built in Mmopane Block 1, Kweneng District. …
Transfer Duty Amendment Act – Transition Guidelines
The Transfer Duty Amendment Act (“the Amendment Act”) came into effect of 1st March 2020 (“the Commencement Date”). As at the Commencement Date…