Mmegi

SOE reform becomes urgency for gov’t

Firming up solutions: Gaolathe 
PIC: KENNEDY RAMOKONE
Firming up solutions: Gaolathe PIC: KENNEDY RAMOKONE

Of the 16 parastatals required by law to operate profitably, just seven have done so in the past financial year. Vice President, Ndaba Gaolathe, says parastatals and their turnaround are a “big ticket” item in his conversations with President Boko. MBONGENI MGUNI, PAULINE DIKUELO & TIMOTHY LEWANIKA write on the troubled state assets

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.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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