Regulatory Alerts2025-01-21
Non-Bank Financial Institutions Regulatory Authority Audited Annual Financial Statements – 31 March 2021
The Non-Bank Financial Institutions Regulatory Authority of Botswana issued its audited annual financial statements for the year ended 31 March 2021, reporting total revenue of BWP 89.3 million and an operating surplus of BWP 7.3 million. External auditors Grant Thornton verified compliance with International Financial Reporting Standards and the governing 2016 Act, identifying supervisory levy recognition and procurement compliance as critical audit focus areas. The Board formally approved the statements on 26 August 2021, confirming that robust internal controls and sufficient cash reserves of BWP 28.6 million ensure the Authority's ongoing operational viability.
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