SOEs top list of corporate governance violators again

The BAOA is the oversight body of the accounting and auditing profession in Botswana, regulating the activities of auditors as well as the financial reporting and corporate governance of Public Interest Entities (PIE) and the corporate sector.

Corporate governance within the SOEs, better known as parastatals, has been a thorn in the flesh of the BAOA over the years, with many of these entities topping the list of poor performers, across the various indicators of international standards such as the King III and King IV codes.