SOE reform becomes urgency for gov’t
Friday, August 15, 2025 | 310 Views |
Firming up solutions: Gaolathe
PIC: KENNEDY RAMOKONE
The rot in parastatals keeps worsening the more revelations of their state of affairs is made.
Nearly each week in recent months, top government officials have lifted the lid on the state of State-Owned Entities (SOEs) disclosing previously unknown, but largely suspected, gross violations of corporate governance, statutory non-compliance and financial failure.
When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...