Accounting experts emphasise importance of CIMA

Local Small Medium Enterprises (SMEs) fail because they lack complete financial structures, an accounting expert has said.

Speaking at a press briefing in Gaborone last week, country manager for the Botswana Chartered Institute of Management Accountants (CIMA), Letus Chinyepi, said government should train accounting professionals from grassroot level. He also said government should encourage SMEs to have qualified financial management accountants.

“Government should enroll more senior school leaving students into the CIMA course as it would add value to businesses and generate profit. I believe that SMEs fail due to lack of proper financial management,” he said.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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