Almost mocking its principal objective and perhaps its foundation, irregularities at the newly established Botswana Accountancy Oversight Authority (BAOA) have started cropping up. Already, the competence of the body along with its staff complement is in question, WeekendPost, has learnt.
BAOA was established through the Financial Reporting Act of 2010 with the principal objective of providing oversight to accounting and auditing services and to promote Standard, Quality and Credibility of providing financial and non-financial information by entities, including public interest bodies. Being the highest institution of Accountants in Botswana, it oversees notable bodies like Botswana Institute of Chartered Accountants (BICA) and accountancy bodies with local branches in Botswana such as Association of Chartered Certified Accountants (ACCA) and Chartered Institute of Management Accountants (CIMA).
Although bearing such huge tasks including improving investor confidence in Botswana, it is understood that the authority is marred with questionable governance issues, financial mismanagement as well as basic accounting procedures. Immaculate sources at BAOA revealed to WeekendPost this week that while it oversees and audits notable companies and firms and are busy registering them, the organisation has only six Chattered Accountants to carry the function across the country.
“With this small number how then can they perform the task of auditing for such big Commercial Banks, Telecommunications networks, Insurance companies under Non-Bank Financial Institutions Regulatory Authority (NBFIRA), Debswana, BCL, Botswana Stock Exchange and Choppies among others,” one source who cannot be named for their protection said. Other companies audited by BAOA include Pension Funds, Medical Aid Societies, and Fund Managers. “How do you do corporate governance for all those many companies when you are failing to put in place proper procedures in your organisation,” the source wondered further.
They pointed out that the organisation has a staff complement of 28 members who are mostly executives while others are temporary Accountants, while there are no junior staffers. Managers at the organisation are the only junior staff, the sources claimed. BAOA Chief Executive Officer, Duncan Majinda also confirmed to WeekendPost that there are 9 professional accountants at BAOA although he did not state explicitly that others are temporary. Out of the 9, he said 6 had been trained with the assistance of the World Bank.
He added “only two staff in the review Department are temporary and they are studying for professional qualifications while the rest have long term employment contracts.” Majinda however does not believe that the low staff numbers limits the performance of the organisation in any way. He said that the body is limited mainly by lack of resources and the availability of the required skills and expertise in the industry.
“We believe that under the circumstances, we have coped very well with the challenge. The review cycle approach which spread the entities to be reviewed over the cycle period helps the situation too and as we prepare to adopt a risk based approach, we hope to address the effect of the shortage of staff in an efficient and effective manner. Sometimes, it is not only the numbers of staff that matter but smart working and planning that results in exponential gains,” the BAOA CEO stated. According to Majinda, the Authority has already reviewed 24 audit firms comprising 36 practitioners and very useful recommendations have been made despite that the failure rate is still very high at about 30%.
“Some audit practitioners have lost their practising certificates as a result and this underlines the seriousness of BAOA to raise standards of auditing in Botswana. We have a very capable team which we should be proud of as a country,” he said. Surprisingly, despite the shortage of staff, he said they have even recently extended their mandate beyond audit quality reviews to include financial reporting monitoring and ensuring good practices in corporate governance of Public Interest Entities (PIEs). Botswana is one of the first four countries in Africa to establish an independent accountancy oversight authority, the other three being South Africa, Mauritius and Egypt.
As a response to avert vulture poisoning currently going on in Botswana and KAZA region, Birdlife Botswana has collaborated with three other partners (BirdWatch Zambia, BirdLife International & Birdlife Zimbabwe) to tackle wildlife poisoning which by extension negatively affect vulture populations.
The Director of Birdlife Botswana, Motshereganyi Virat Kootshositse has revealed in an interview that the project which is funded by European Union’s main goal is to reduce poisoning related vultures’ death and consequently other wildlife species death within the KAZA region.
He highlighted that Chobe district in Botswana has been selected as a pilot site as it has experienced rampant incidents of vulture poisoning for the past few months. In August this year at least 50 endangered white backed vultures were reported dead at Chobe National Park, Botswana after feeding on a buffalo carcass laced with poison. In November this year again 43 white backed vultures were found dead and two alive after feeding on a zebra suspected to have poisoned. Other selected pilots’ sites are Kafue in Zambia and Hwange in Zimbabwe.
Kootshositse further explained they have established a national and regional Wildlife Poisoning Committee. He added that as for the national committee they have engaged various departments such as Crop Productions, Agro Chemicals, Department of Veterinary Services, Department of Wildlife and National Parks and other NGOs such as Raptors Botswana to come together and find a long-lasting solution to address wildlife poisoning in Botswana. ‘Let’s have a strategy or a plan together to tackle wildlife poisoning,’ he stated
He also decried that there is gap in the availability of data about vulture poisoning or wildlife in general. ‘If we have a central point for data, it will help in terms of reporting and advocacy’, he stated
He added that the regional committee comprises of law enforcement officers such as BDF and Botswana police, village leadership such as Village Development Committee and Kgosi. ‘We need to join hand together and protect the wildlife we have as this will increase our profile for conservation and this alone enhances our visitation and boost our local economy,’ he noted
Kootshositse noted that Birdlife together with DWNP also addressed series of meeting in some villages in the Chobe region recently. The purpose of kgotla meetings was to raise awareness on the conservation and protection of vultures in Chobe West communities.
‘After realizing that vulture poisoning in the Chobe areas become frequent, we realise that we need to do something about it. ‘We did a public awareness by addressing several kgotla meetings in some villages in the Chobe west,’ he stated
He noted that next year they are going to have another round of consultations around the Chobe areas and the approach is to engage the community into planning process. ‘Residents should be part of the plan of actions and we are working with farmers committee in the areas to address vulture poisoning in the area, ‘he added
He added that they have found out that some common reasons for poisoning wildlife are farmers targeting predators such as lions in retaliation to killing of their livestock. Another common incident cross border poaching in the Chobe area as poachers will kills an elephant and poison its carcass targeting vultures because of their aerial circling alerting authorities about poaching activities.
Kootshositse noted that in the last cases it was disheartening the incidents occurred three months apart. He added that for the first time they found that some of the body parts of some vultures were missing. He added harvesting of body parts of vultures is not a common practice in Botswana, although it is used in some parts of Africa. ‘We suspect that someone took advantage of the availability of carcasses and started harvesting their body parts,’
The music industry is at a point where artists are jostling for space because there are so many aspirants trying to get their big break, thus creating stiff competition.
In the music business it’s about talent and positioning. You need to be at the right place at the right time with the right people around you to propel you forward.
Against all odds, Everton Mlalazi has managed to takeover the gospel scene effortlessly.
To him, it’s more than just a breakthrough to stardom, but a passion as well as mission directly appointed by the Lord.
Within a short space of 2 years after having decided to persue a solo career, Mlalazi has already made it into international music scene, with his music receiving considerable play on several gospel television and radio stations in Botswana including other regional stations like Trace Africa, One Gospel, Metro FM in South Africa, Hope FM in Kenya and literally all broadcast stations in Zimbabwe.
It doesn’t only stop there, as the musician has already been nominated 2 times and 2 awards which are Bulawayo Arts Awards (BAA) best Male artists 2022, StarFM listerners Choice Award, Best Newcomer 2021 and ZIMA Best Contemporary Gospel 2022, MLA awards Best Male artist & Best Gospel Artist 2022.
Everton’s inspiration stems from his ultimate passion and desire to lead people into Godly ways and it seems it’s only getting started.
The man is a gospel artist to put on your radar.
Minister of Health Dr Edwin Dikoloti says Africa member states call on World Health Organization (WHO) to ensure equitable resource allocation for 2024-2025. Dr Dikoloti was speaking this week at the WHO Executive Board Meeting in Geneva, Switzerland.
He said countries agreed that there is need to address the budget and funding imbalances by increasing the programme budget share of countries and regions to 75% for the next year.
“The proposed budget for 2024-2025 marks an important milestone as it is the first in Programme Budget in which country offices will be allocated more than half of the total budget for the biennium. We highly welcome this approach which will enable the organization to deliver on its mandate while fulfilling the expectations for transparency, efficiency and accountability.”
The Botswana Health Minister commended member states on the extension of the General Programme of Work (GPD 13) and the Secretariat work to monitor the progress towards the triple billion targets, and the health-related SDGs.
“We welcome the Director’s general proposed five priorities which have crystalized into the “five Ps” that are aligned with the GPW 13 extension. Impact can only be achieved through close coordination with, and support to national health authorities. As such, the strengthening of country offices is instrumental, with particular focus on strengthening national health systems and on promoting more equitable access to health services.”
According to Dr Dikoloti, the majority of countries with UHC index that is below the global median are in the WHO Africa region. “For that, we call on the WHO to enhance capacity at the regional and national levels in order to accelerate progress. Currently, the regional office needs both technical and financial support in order to effectively address and support country needs.”