Law firm fails conflict of interest test in BTC privatization

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The law firm of Monthe Marumo and Company failed to declare a conflict of interest in the privatisation of Botswana Telecommunications Corporation (BTC), the Minister of Transport and Communications, Tshenolo Mabeo has told Parliament.

The company provided lawyers to advise BTC and Botswana Fibre Networks Limited (BOFINET) in the transaction, causing a conflict of interest. “Neither BOFINET nor BTC were aware of this conflict until March 30, 2015.

The onus on declaring conflict of interest lies with the law firm. In this case, no conflict of interest was declared by Monthe Marumo and Company incorporating Molatlhegi and Associates,” Mabeo told Parliament.

Editor's Comment
Deficit relief must not invite complacency

“Financial freedom is more of ajourney than a destination.”– Rob BergerThe preliminary 2026–2027 budget deficit has been revised down to P9 billion, which is an equivalent to 3.1 percent of Gross Domestic Product (GDP). It is an improvement from the P26 billion or 8.9 percent of GDP projected in February.This P17 billion improvement is significant and deserves acknowledgement.Government’s restraint on non-essential expenditure, tighter...

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