Parastatals sink deeper into corporate governance disarray
Tuesday, June 27, 2023 | 940 Views |
What’s the beef”: The BAOA has previously slammed governance issues at the Botswana Meat Commission
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.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...