To: Botswana Accountancy Oversight Authority Stakeholders and Members of the Public
From: Chief Executive Officer
Date: 7th December 2022
Subject: Invitation for Comments – Botswana Code Of Corporate Governance
The Botswana Accountancy Oversight Authority (the Authority) wishes to inform its Stakeholders and Members of the Public that:
1. In accordance with Section 6 of the Financial Reporting (Amendment) Act, 2020 (the Act), read in conjunction with Regulation 19 of the Financial Reporting Regulations, 2021, the Authority shall:
a) Establish a Code of Corporate Governance to be used by Public Interest Entities in accordance with Section 6 (1) (f) and (g) of the Act, and
b) Monitor and enforce compliance with the Code of Corporate Governance.
2. Based on the foregoing, Stakeholders and the Public are invited to review the attached draft Code of Corporate Governance and submit their written comments to the Authority. The Code can be downloaded from the Authority’s website at baoa.org.bw under Notices, under the heading “Code of Corporate Governance for Botswana.
3. All comments should be submitted via email to email@example.com on or before the 9th January 2023
For more information, contact Thapelo Otukile, the Legal Manager at 3919735.