Harmonise privatisation policy with law - Galeforolwe

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As Botswana grapples with privatisation and other reforms, one of the key challenges is to harmonise policy with law so that the two work in unison, the Chief Executive Officer of the Public Enterprises Evaluation and Privatisation Agency (PEEPA) Joshua Galeforolwe has said.

"This requires an urgent review of the institutional and legal environment to guarantee a smooth implementation of privatisation and related reforms. Corporate governance has also been a topical issue lately, and it would be remiss on our part if we failed to emphasise the need for a national corporate governance framework to entrench accountability in public enterprises," he said.

Speaking at a Christmas party for PEEPA staff in Gaborone last Friday, Galeforolwe said his agency would look at the possibility of advising Government to centralise the implementation of privatisation rather than centralising advisory support to ensure the achievement of the objectives of economic reforms in order to ensure implementation.

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