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The Government of Botswana will submit a request for re-rating following reforms in its legislative framework brought by the recent passing of Financial Intelligence Bill which had been published by the Minister of Finance and Economic Development, Peggy Serame.

Bangwato royals who are currently in talks with the government over their paramount chief, former president Ian Khama’s situation have expressed shock at the government’s decision to place their tribesman, Kgotla Autlwetse who is also the Minister of Local government and Rural Development as a key figure and integral part of the decision makers on matters relating to his chief’s fate.

The National Assembly recently passed the Financial Intelligence Bill, 2021 (Bill No. 34 of 2021) during an Emergency Parliament Meeting. The Bill was first published on 23rd December, 2021 by the Minister of Finance and Economic Development, Honourable Peggy Serame.

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