Tuesday, February 20, 2018 | 09:56 AM

Finance Department

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'To provide high quality performance-driven services that support the Bank of Botswana’s accounting and planning functions.'

Effective November 1, 2013, the Accounting Department was merged with the Risk Management and Planning Division to form the Finance Department. The Department executes the functions relating to compliance with Part IX of the Bank of Botswana Act (Cap 55:01) and Article VII of the Bank's Bye-laws. These entail, but are not limited to: undertaking financial administration in the areas of payments and receipts; administration of the payroll; maintenance of accounting records of the Bank; compiling, presenting and publishing the monthly and annual financial statements; provision of management information and budgetary control reports; trusteeship of the assets of the Bank; implementation of the Bank’s insurance strategy and collection of debts owed by former staff.

The Department also coordinates and facilitates the Bank’s planning process with the view to ensuring a coordinated development and implementation of the Bank’s strategic and operational plans. It ensures risk-focused and integrated planning, budgeting, performance evaluation and reporting processes as well as execution of any measures geared towards enhancing the Bank’s operational efficiency.

In performing these functions, the Department is guided by international best practice.

The administration of the Department vests with the Chief Accountant.

Chief Accountant:
Mr D Loeto

Personal Assistant:

Ms K Baloyi
Tel: (267) 3606352
Fax: (267) 3913890
E-mail: Baloyik@bob.bw

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