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
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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