Auditor General reveals mess at Air Botswana

Friday, February 13, 2015

Air Botswana loses almost reached P100m in the year ended March 2014

The national airline, Air Botswana is grappling with issues of maladministration and general malpractice, which have negatively impacted on its profitability, the Auditor General’s report has revealed.

The report says the airline had not complied with all the financial provisions of the Air Botswana Act, which requires its revenues to be sufficient enough to produce a reasonable rate of return.

Air Botswana’s financial performance for the financial year ended March 31, 2014 has deteriorated year-on-year as it recorded a loss of P99.99 million, compared to P75.84 million in the previous year, and P47.12 million the year before.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Rolling back: Rollers will want to turnaround its fortunes PIC: PHATSIMO KAPENG

Rollers, Orapa brace for two-part sequel

Kabelo Boranabi | 6 h ago

Stanbic pretax profits up 11%

Mbongeni Mguni | 1d ago

The audacity to be a unicorn

Mbongeni Mguni | 19 Apr 2024

Faulty gadgets top complaints to BOCRA

Mbongeni Mguni | 1d ago

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 22 Apr 2024

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 22 Apr 2024

IEC rejects 2,513 registrations

Innocent Selatlhwa | 22 Apr 2024

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 22 Apr 2024

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...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Auditor General reveals mess at Air Botswana

The national airline, Air Botswana is grappling with issues of maladministration and general malpractice, which have negatively impacted on its profitability, the Auditor General’s report has revealed.

Rollers, Orapa brace for two-part sequel

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Inspect the voters' roll!