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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
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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