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Parastatals sink deeper into corporate governance disarray

What’s the beef”: The BAOA has previously slammed governance issues at the Botswana Meat Commission
What’s the beef”: The BAOA has previously slammed governance issues at the Botswana Meat Commission

State-owned entities are once again the major culprit in the latest analysis of corporate governance compliance by the Botswana Accountancy Oversight Authority (BAOA). The review has found board selection and ethical governance violations across the parastatals sector. Staff Writer, MBONGENI MGUNI writes

The Botswana Accountancy Oversight Authority (BAOA), the statutory watchdog for corporate governance in the country, has its hands full with state-owned entities, where annual reviews show declining standards.

In its latest report, covering the 2022 calendar year, BAOA officials sound exasperated by the country’s state of corporate governance.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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