Foreign shareholding in small accommodation structures (e.g. guest houses) is prohibited.
"23. (1) The Minister may make regulations reserving certain licences of prescribed tourist enterprises for citizens or to companies wholly owned by citizens of Botswana to ensure their active involvement and participation in areas where their involvement is otherwise deemed minimal.
(2) Regulations made in accordance with subsection (1) may further provide that only citizens of Botswana shall be entitled -
(a) to carry on a tourist enterprise in such areas in the country as may be prescribed, or
(b) to engage in specific categories of tourist enterprises.
24. A tourist enterprise licensed under section 23 shall -
(a) maintain the shareholding in the tourist enterprise at a 100 per centum citizens; and [...]" (TOURISM ACT No 16 of 2009)
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"2. The following tourist enterprises are hereby reserved for citizens of Botswana or companies which are wholly owned by citizens of Botswana —
(a) guest houses (except corporate guest houses); (b) mobile safaris; (c) motorboats; (d) tourist transfers; (e) camp and caravan sites; and (f) mekoro." (TOURISM (RESERVATION OF TOURIST ENTERPRISES FOR CITIZENS) REGULATIONS, 2010 (S.I. No 87 of 2010))
TOURISM ACT No 16 of 2009
TOURISM (RESERVATION OF TOURIST ENTERPRISES FOR CITIZENS) REGULATIONS, 2010 (S.I. No 87 of 2010)
[<a href="https://botswanalaws.com/StatutesActpdf/2009Actpdf/TOURISM%20ACT,%2016%20OF%202009.pdf">Act</a>],[<a href="https://botswanalaws.com/StatutesActpdf/2010Subsidiarypdf/TOURISM%20(RESERVATION%20OF%20TOURIST%20ENTERPRISES%20FOR%20CITIZENS)%20REGULATIONS,%20S.%20I.%20NO.%2087%20OF%202010.pdf">Reg</a>]