Govt tightens screw on parastatals

The shareholder compact articulates clearly the strategic intent of the government to the parastatals including the organisations’ strategic objectives, performance indicators and targets as well as undertakings by the ministry and the board.

Speaking at the signing ceremony with Botswana Communications Regulatory Authority (BOCRA) and the Botswana Postal Services held in Gaborone, the Minister of Transport and Communications Nonofo Molefhi said the shareholder compact would basically focus on the effective monitoring of the parastatals performance expectations.