Botswana Institute of Chartered Accountants

Botswana Institute of Chartered Accountants BOTSWANA INSTITUTE OF CHARTERED ACCOUNTANTS Another major addition to the Act is the establishment of Botswanaโ€™s own professional qualification.

The Accountants Act which was successfully adopted by Parliament seeks to establish the Botswana Institute of Chartered Accountants under the new name of the Botswana Institute of Chartered Accountants (BICA) and entrust it with the responsibility to register professional accountants, certified auditors and member firms. Key to the Act is the introduction of the principle of public interest protec

tion by making mandatory for the Botswana Institute of Chartered Accountants to report on its performance annually to the Botswana Accountancy Oversight Authority (BAOA). The Botswana Institute of Chartered Accountants is specifically required to state what initiatives it has carried out during the year to protect public interest. Since professional accountants in Botswana are a mixture of professionals from across the globe dominated by Association of Chartered Certified Accountants and Chartered Institute of Management Accountants, this will be a significant change as Botswana will now have its own internationally recognized qualification which addresses the economic needs of Botswana. Therefore, Botswana Institute of Chartered Accountantsโ€™ qualification will allow it to come up with its own curriculum based on its own circumstances and the needs of its own economy such as for example making provision for public sector financial reporting.

๐Œ๐ซ. ๐’๐ž๐›๐š๐ฌ๐ญ๐ข๐š๐ง ๐™๐ฎ๐ณ๐ž, ๐‚๐„๐Ž ๐จ๐Ÿ ๐‚๐ก๐ข๐ž๐๐ณ๐š ๐‘๐ž๐ญ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ, delivered a powerful message during his presentation on...
17/06/2026

๐Œ๐ซ. ๐’๐ž๐›๐š๐ฌ๐ญ๐ข๐š๐ง ๐™๐ฎ๐ณ๐ž, ๐‚๐„๐Ž ๐จ๐Ÿ ๐‚๐ก๐ข๐ž๐๐ณ๐š ๐‘๐ž๐ญ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ, delivered a powerful message during his presentation on "๐’๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ๐ข๐จ๐ง & ๐‹๐ž๐ ๐š๐œ๐ฒ: ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ข๐ง๐  ๐๐ž๐ฑ๐ญ ๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ข๐จ๐ง ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐๐ข๐ฉ๐ž๐ฅ๐ข๐ง๐ž๐ฌ ๐Ÿ๐จ๐ซ ๐…๐š๐ฆ๐ข๐ฅ๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ๐ž๐ฌ, ๐‚๐จ๐ง๐ ๐ฅ๐จ๐ฆ๐ž๐ซ๐š๐ญ๐ž๐ฌ, ๐š๐ง๐ ๐๐ฎ๐›๐ฅ๐ข๐œ ๐ˆ๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ" ๐š๐ญ ๐ญ๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐„๐ฑ๐ž๐œ๐ฎ๐ญ๐ข๐ฏ๐ž ๐‘๐ž๐ญ๐ซ๐ž๐š๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”.

Mr. Zuze unpacked succession as the intentional transfer of power from one generation to the next, while legacy was defined as the lasting impact, traditions, and values that endure beyond leadership tenure. He emphasized that true sustainability is only achieved when organisations intentionally prepare the next generation to continue the work with clarity, capability, and purpose.

Sharing insights from his own retirement journey, he challenged organisations to move from accidental leadership transitions to โ€œ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐›๐ฒ ๐๐ž๐ฌ๐ข๐ ๐ง.โ€ This, he explained, requires cultivating leaders grounded in purpose, mission, conviction, vision, passion, inspiration, and influence.

He further stressed that leadership development must begin early; starting at family and organisational level; by assigning responsibility, holding structured family or strategic conversations, and intentionally grooming future leaders.

At the core of his message were three essential ingredients for effective leadership succession: competence, financial freedom, and ethical grounding. Without these, leadership pipelines remain fragile and unsustainable.

Mr. Zuze also highlighted the importance of building strong systems within organisations; systems that reduce operational dependency on individuals, strengthen culture, and ensure continuity even during leadership transitions. He advocated for structured coaching and formal succession programmes as critical tools for long-term stability.

He concluded with practical insights on redefining retirement within organisations, including retirement risk management, repurposing talent, and strategic retirement planning and deployment; ensuring that experience is not lost but redirected for continued value creation.

His presentation delivered a clear and urgent message: organisations that fail to plan succession are not planning for the future; they are risking it.

As sustainability continues to move from a corporate aspiration to a business imperative, delegates at the International...
17/06/2026

As sustainability continues to move from a corporate aspiration to a business imperative, delegates at the International Executive Retreat 2026 gained valuable insights from ๐Œ๐ซ. ๐“๐ข๐ง๐จ๐ญ๐ž๐ง๐๐š ๐ƒ๐จ๐ฎ๐ ๐ฅ๐š๐ฌ ๐‡๐ฐ๐š๐ซ๐š, ๐’๐ž๐ง๐ข๐จ๐ซ ๐‹๐ž๐œ๐ญ๐ฎ๐ซ๐ž๐ซ, ๐‚๐จ๐ฎ๐ซ๐ฌ๐ž ๐Œ๐š๐ง๐š๐ ๐ž๐ซ (๐ˆ๐‚๐€๐„๐–/๐๐ˆ๐‚๐€), ๐š๐ง๐ ๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ, during his presentation on "๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ข๐ง๐  ๐š๐ง๐ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ข๐š๐ง๐œ๐ž."

Mr. Hwara highlighted that sustainability is no longer simply about environmental responsibility; it is about an organisation's ability to create long-term value by effectively managing its resources, relationships, risks, and impacts across its entire business ecosystem. In an increasingly interconnected world, sustainable organisations are those that can balance short-term performance with long-term resilience and growth.

A key theme of the presentation was the growing importance of sustainable finance and the role that investors, financial institutions, and businesses play in driving responsible economic development. As global markets increasingly prioritise ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ๐š๐ฅ, ๐’๐จ๐œ๐ข๐š๐ฅ, ๐š๐ง๐ ๐†๐จ๐ฏ๐ž๐ซ๐ง๐š๐ง๐œ๐ž (๐„๐’๐†) considerations, organisations that embrace sustainability are better positioned to attract investment, strengthen stakeholder confidence, and remain competitive.

Mr. Hwara also unpacked the evolving landscape of sustainability reporting, highlighting internationally recognised frameworks and standards that are shaping the future of corporate disclosures. He noted the significance of IFRS S1 and IFRS S2 in providing a global baseline for sustainability-related reporting, while frameworks such as TNFD and GRI 3 offer practical guidance for identifying risks, opportunities, and strategic priorities.

His presentation underscored a powerful message: sustainability reporting is no longer just about compliance; it is about building trust, strengthening accountability, and creating organisations that are prepared to thrive in a future where transparency and responsible business practices are increasingly expected.

As businesses navigate a rapidly changing regulatory and economic landscape, sustainability is emerging as a cornerstone of long-term success, resilience, and value creation.

Mr. CA M'bwana challenged delegates to rethink digital transformation, emphasizing that it is far more than the adoption...
17/06/2026

Mr. CA M'bwana challenged delegates to rethink digital transformation, emphasizing that it is far more than the adoption of new technologies. Rather, it is a strategic business initiative that fundamentally reshapes how organisations operate, innovate, deliver value, and remain competitive in a rapidly evolving world.

He highlighted that true digital transformation touches every aspect of an organisation; from business models and operations to workforce capabilities, organisational culture, and customer experience. Success is achieved not merely by implementing technology, but by aligning people, processes, and culture around a shared vision for change.

Using the analogy of an iceberg, CA M'bwana illustrated that while technology is the visible component of transformation, the larger and more critical elements lie beneath the surface: leadership, culture, employee engagement, and organisational readiness. These hidden factors often determine whether transformation efforts succeed or fail.

He also unpacked the distinctions between digitisation, digitalisation, and digital transformation, demonstrating how organisations must move beyond simply converting processes into digital formats and instead embrace comprehensive transformation that creates lasting value and sustainable growth.

His presentation served as a powerful reminder that in today's digital age, organisations cannot afford to view transformation as an IT project. It is a business-wide journey that requires visionary leadership, cultural alignment, and a commitment to continuous evolution.

Digital transformation is not a destination; it is a continuous journey of adaptation, innovation, and growth.This was t...
17/06/2026

Digital transformation is not a destination; it is a continuous journey of adaptation, innovation, and growth.

This was the powerful message delivered by ๐‚๐€ ๐€๐ซ๐ง๐จ๐ฅ๐ ๐Œ'๐›๐ฐ๐š๐ง๐š, ๐Œ๐š๐ง๐š๐ ๐ข๐ง๐  ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐จ๐ซ ๐จ๐Ÿ ๐๐š๐ซ๐ญ๐ฅ๐ž๐ญ๐ญ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐  ๐†๐ซ๐จ๐ฎ๐ฉ ๐€๐Ÿ๐ซ๐ข๐œ๐š, ๐Œ๐š๐ฅ๐š๐ฐ๐ข, ๐๐ฎ๐ซ๐ข๐ง๐  ๐ก๐ข๐ฌ ๐ฉ๐ซ๐ž๐ฌ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง "๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐“๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐๐ž๐ฒ๐จ๐ง๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ: ๐๐ž๐จ๐ฉ๐ฅ๐ž, ๐‚๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ฒ" at the International Executive Retreat 2026 this morning.

Challenging delegates to rethink the way organisations approach transformation, CA M'bwana highlighted that successful digital transformation extends far beyond technology itself. It requires the right people, a supportive culture, and a clear strategic vision to achieve meaningful and sustainable results.

Sharing global insights, he noted that while many organisations embark on digital transformation initiatives, only a small percentage successfully achieve and sustain long-term performance improvements. However, organisations that invest in digital maturity and equip their people with the capabilities needed to execute digital strategies significantly increase their chances of success.

A central theme of his presentation was that digital transformation is no longer optional. As the Fourth Industrial Revolution continues to reshape industries, competitiveness, and business models, organisations must embrace digital mindsets, tools, and ways of working to remain relevant and resilient.

He further highlighted the tangible benefits of transformation, including improved operational efficiency, reduced costs, enhanced innovation, and stronger organisational performance. Those who adopt proven transformation practices are better positioned to exceed expectations and unlock new opportunities for growth.

His presentation served as a compelling call to action for leaders to view digital transformation not simply as a technology project, but as a strategic imperative that will define the future success of organisations across Africa and beyond.

Let us proudly announce SESIRO Insurance Company (Pty) Ltd as a sponsor for the International Executive Retreat (IER) 20...
17/06/2026

Let us proudly announce SESIRO Insurance Company (Pty) Ltd as a sponsor for the International Executive Retreat (IER) 2026.

Day 3 of the International Executive Retreat 2026 is underway as delegates gather for the final day of insightful discus...
17/06/2026

Day 3 of the International Executive Retreat 2026 is underway as delegates gather for the final day of insightful discussions, knowledge sharing, and regional collaboration.

This morning's proceedings are being facilitated by ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐จ๐ซ ๐จ๐Ÿ ๐‚๐ž๐ซ๐ž๐ฆ๐จ๐ง๐ข๐ž๐ฌ, ๐Œ๐ซ. ๐‚๐ก๐š๐ซ๐ฅ๐ž๐ฌ ๐‚๐ก๐ข๐ฆ๐ฉ๐ž๐ง๐ข, ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐จ๐ซ ๐จ๐Ÿ ๐“๐ž๐œ๐ก๐ง๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐Œ๐ž๐ฆ๐›๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐š๐ญ ๐ˆ๐‚๐€๐Œ, who will guide delegates through the day's programme as the retreat draws to a close.

The day's first presentation will be delivered by ๐‚๐€ ๐€๐ซ๐ง๐จ๐ฅ๐ ๐Œ'๐›๐ฐ๐š๐ง๐š, ๐Œ๐š๐ง๐š๐ ๐ข๐ง๐  ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐จ๐ซ ๐จ๐Ÿ ๐๐š๐ซ๐ญ๐ฅ๐ž๐ญ๐ญ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐  ๐†๐ซ๐จ๐ฎ๐ฉ ๐€๐Ÿ๐ซ๐ข๐œ๐š, ๐Œ๐š๐ฅ๐š๐ฐ๐ข, ๐จ๐ง ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ๐ข๐œ "๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐“๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐๐ž๐ฒ๐จ๐ง๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ: ๐๐ž๐จ๐ฉ๐ฅ๐ž, ๐‚๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ฒ."

As organisations continue to navigate rapid technological change, the session is expected to explore how successful digital transformation extends beyond systems and tools, placing equal emphasis on people, organisational culture, and strategic leadership.

Mr. TJ Malamule delivered a compelling presentation on โ€œAntifragile Leadership: Moving from Surviving Shocks to Thriving...
16/06/2026

Mr. TJ Malamule delivered a compelling presentation on โ€œAntifragile Leadership: Moving from Surviving Shocks to Thriving on Volatility,โ€ focusing on the evolving demands placed on modern leaders in an unpredictable world.

He emphasized that leadership today is no longer defined by knowledge alone, but by how leaders respond and adapt to continuous change. True leadership, he noted, requires inspiration, motivation, grit, and a willingness to learn from those being led.

A key theme of his presentation was the importance of building resilience and increasing oneโ€™s capacity to endure pressure in volatile environments; being able to handle rejection, repetition, and feedback as essential tools for growth. He encouraged leaders to strengthen their โ€œpain thresholdโ€ in order to navigate disruption more effectively.

Mr. Malamule also highlighted the need for leaders to remain agile and adaptable, adjusting strategies as environments shift. He stressed accountability and responsibility as critical leadership traits, especially when driving cultural change aimed at improving productivity and performance.

He further introduced the concept of the Reticular Activating System (RAS), explaining how individuals and organisations are shaped by what they consistently focus on. To create meaningful change, leaders must intentionally shift their focus, step outside comfort zones, and adopt new ways of thinking.

Old thinking cannot solve new problems, and leaders must evolve to thrive in volatility rather than merely survive it.

Delegates enjoyed a light and engaging icebreaker session led by ๐Œ๐ซ. ๐“๐‰ ๐Œ๐š๐ฅ๐š๐ฆ๐ฎ๐ฅ๐ž, who brought a refreshing energy to the...
16/06/2026

Delegates enjoyed a light and engaging icebreaker session led by ๐Œ๐ซ. ๐“๐‰ ๐Œ๐š๐ฅ๐š๐ฆ๐ฎ๐ฅ๐ž, who brought a refreshing energy to the room with an interactive challenge; offering a free copy of his book to the participant who best demonstrated his challenge.

The session provided a welcome moment for delegates to unwind and connect more informally after a day filled with stimulating and thought-provoking discussions.

Coming up next, Mr. Malamule will take the stage with his presentation on "๐€๐ง๐ญ๐ข๐Ÿ๐ซ๐š๐ ๐ข๐ฅ๐ž ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ: ๐Œ๐จ๐ฏ๐ข๐ง๐  ๐Ÿ๐ซ๐จ๐ฆ ๐’๐ฎ๐ซ๐ฏ๐ข๐ฏ๐ข๐ง๐  ๐’๐ก๐จ๐œ๐ค๐ฌ ๐ญ๐จ ๐“๐ก๐ซ๐ข๐ฏ๐ข๐ง๐  ๐จ๐ง ๐•๐จ๐ฅ๐š๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ," where he will explore how leaders can not only withstand disruption but grow stronger because of it.

Mr. Nicholas Kabaso explored the evolving nature of leadership and decision-making in today's fast-changing world.He hig...
16/06/2026

Mr. Nicholas Kabaso explored the evolving nature of leadership and decision-making in today's fast-changing world.

He highlighted the need for organisations to move beyond traditional, bureaucratic approaches and embrace more agile and responsive decision-making models. In an environment where change is constant, the ability to make timely, informed decisions has become a critical leadership capability.

A central theme of his presentation was the importance of data-driven leadership. Mr. Kabaso emphasized that data is no longer just a supporting tool; it is the foundation of effective decision-making at every executive level. Leaders who leverage data effectively are better positioned to navigate uncertainty, identify opportunities, and drive sustainable growth.

He also outlined the qualities of effective leadership in volatile environments, encouraging leaders to be innovative, adaptable, resilient, and committed to continuous learning. As industries continue to evolve, leaders must remain curious, informed, and prepared to respond to emerging challenges and opportunities.

Mr. Kabaso further noted that technological advancements, particularly Artificial Intelligence, are reshaping business ecosystems across the globe. He described AI as a powerful enabler of agility, efficiency, and informed decision-making, reinforcing its growing role in helping organisations remain competitive in an increasingly dynamic environment.

His message was clear: the future belongs to leaders who can combine data, technology, agility, and strategic thinking to thrive in a world where change is the only constant.

๐Œ๐ซ. ๐๐ข๐œ๐ก๐จ๐ฅ๐š๐ฌ ๐Š๐š๐›๐š๐ฌ๐จ, ๐‚๐„๐Ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‹๐ฎ๐ฌ๐š๐ค๐š ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ข๐ž๐ฌ ๐„๐ฑ๐œ๐ก๐š๐ง๐ ๐ž, delivered an insightful presentation on "๐„๐ฑ๐ž๐œ๐ฎ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง-...
16/06/2026

๐Œ๐ซ. ๐๐ข๐œ๐ก๐จ๐ฅ๐š๐ฌ ๐Š๐š๐›๐š๐ฌ๐จ, ๐‚๐„๐Ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‹๐ฎ๐ฌ๐š๐ค๐š ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ข๐ž๐ฌ ๐„๐ฑ๐œ๐ก๐š๐ง๐ ๐ž, delivered an insightful presentation on "๐„๐ฑ๐ž๐œ๐ฎ๐ญ๐ข๐ฏ๐ž ๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง-๐Œ๐š๐ค๐ข๐ง๐  ๐ข๐ง ๐•๐จ๐ฅ๐š๐ญ๐ข๐ฅ๐ž ๐„๐œ๐จ๐ง๐จ๐ฆ๐ข๐œ ๐š๐ง๐ ๐๐จ๐ฅ๐ข๐œ๐ฒ ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ๐ฌ," highlighting the realities of leading organisations in an increasingly unpredictable world.

He described volatility as the rapid and often unpredictable changes in economic, political, technological, and market conditions that directly influence business performance and strategic decision-making. In today's environment, leaders are required to navigate uncertainty while making critical decisions with incomplete information.

Mr. Kabaso noted that many organisations tend to focus on what is known and familiar, often overlooking emerging risks and opportunities. However, in a world characterised by Volatility, Uncertainty, Complexity, and Ambiguity (VUCA), leaders must develop the agility and foresight needed to anticipate change rather than simply react to it.

He further emphasised that volatility is no longer an occasional challenge; it has become the new normal. Global events, geopolitical tensions, technological disruptions, and shifting market dynamics continue to reshape the business landscape, requiring executives to balance competing priorities such as growth, resilience, and transformation.

His presentation served as a timely reminder that effective leadership in uncertain times demands strategic thinking, adaptability, and a commitment to long-term sustainability, even when the future cannot be predicted with certainty.

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