Birth of a Parastatal
Botswana Parastatals are autonomous implementing authorities born out of a specifically enacted Statute in the National Parliament with the assent of the President of Republic of Botswana. Soon after enactment strategic consultancy work is undertaken by the Government for strategy and organizational matters. A Chairman is appointment and a board is formed. Then the Parastatal appoints a CEO. These are strategic and high-level structural matters.
The biggest challenge at this stage is practical implementation so that the Parastatal is able to conduct autonomous, dovetailed and independent operations from A to Z, so that organically it is cut of the Government system in day-to-day operational sense. RSM Botswana has nursed such new born pararstatals by seconing staff as part of capacity building or restructuring exercise. RSM Botswana has offered successfully HR and Finance Consulting services which are a peculiar combination of outsourcing and consulting service.
RSM has been a backbone to a few Botswana Parastatals
Local Enterprise Authority (LEA), Non-Bank Financial Institutions Regulatory Authority (NBFIRA), Selibe-Phikwe Economic Development Unit (SPEDU), Botswana Geoscience Institute (BGI) are examples to show case RSM Botswana's expertise in Parastatal Operational Management Services.