Where the numbers get difficult
- Variable income tax rate for diamond mining companies under the Income Tax Act, 2025, and the 10% withholding tax on repatriated profits
- Rehabilitation and mine-closure provisions under IAS 37 and decommissioning asset accounting under IAS 16
- Joint arrangements and government shareholdings (IFRS 11 and IFRS 12 disclosures)
- Transfer pricing on intercompany sales, marketing fees and management charges, with contemporaneous documentation now required above P5 million
- Capital allowances on plant, exploration costs and development expenditure
- Fuel-price pass-through and hedging disclosures for energy and distribution businesses
What we do for mining and energy clients
- Annual financial statements under IFRS for mining and energy companies and their Botswana subsidiaries
- Transfer pricing policy, benchmarking and local-file documentation
- Mining tax computations, royalty reconciliations and BURS correspondence
- Internal audit of procurement, contractor management and fuel and consumables stock
- Forensic reviews of procurement and expenditure
- Valuation of mineral rights, plant and joint-venture interests for transactions and impairment testing
- Board and audit committee reporting packs
- Integrated reports aligned to GRI and King IV, including ESG sections
How we work
Every engagement starts with a written scope and fee. Work is led by a Chartered Accountant or Certified Internal Auditor who has worked in your sector, and reports are written for the people who have to act on them: owners, boards, lenders, regulators or auditors.