Parastatals sink deeper into corporate governance disarray
Tuesday, June 27, 2023 | 870 Views |
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.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...