Botswana’s cash-strapped parastatals have plunged deeper into debt, leaving taxpayers exposed to more than P1.6 billion in unpaid government loans as the Auditor General raises concern over weak oversight, broken repayment agreements and questionable use of public funds.
Government-owned entities including the Botswana Meat Commission, Air Botswana and Botswana Postal Services have failed to honour repayment obligations running into hundreds of millions of pula, according to the latest report by Auditor General Keneilwe Senyarelo.
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