NBFIRA Not Powerful Enough Study
Saturday, May 22, 2021
This was after a study they conducted found that there is an opportunity for expropriation and breach of corporate governance standards by listed companies in Botswana. The study titled ‘Ordinary Shareholders’ Rights Protection in Botswana’ dated March 2020 was conducted by Kelesego Mmolainyane, a research fellow at BIDPA and Ratang Sedimo, who is an attaché.
The Choppies Group was used as the case study following its suspension from the Botswana Stock Exchange (BSE). According to the study, the retail giant failed to comply with corporate governance standards. “Delisting statute within the BSE Listing Requirements states that if a company has been suspended and does not rectify its transgression to comply within six months of suspension, then the Listings and Trading sub-committee can take action to de-list the firm.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...