Auditor General reveals mess at Air Botswana

Friday, February 13, 2015

Air Botswana loses almost reached P100m in the year ended March 2014

The national airline, Air Botswana is grappling with issues of maladministration and general malpractice, which have negatively impacted on its profitability, the Auditor General’s report has revealed.

The report says the airline had not complied with all the financial provisions of the Air Botswana Act, which requires its revenues to be sufficient enough to produce a reasonable rate of return.

Air Botswana’s financial performance for the financial year ended March 31, 2014 has deteriorated year-on-year as it recorded a loss of P99.99 million, compared to P75.84 million in the previous year, and P47.12 million the year before.

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Auditor General reveals mess at Air Botswana

The national airline, Air Botswana is grappling with issues of maladministration and general malpractice, which have negatively impacted on its profitability, the Auditor General’s report has revealed.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply