Friday, October 10, 2025
  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition
  • Login
  • Register
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Karateka targets international titles

    Botswana gears up for high-stakes Gabs Open karate showdown

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

    Under Babitseng BFA will be transparent and accountable

    BFA slashes deficit and eyes bright future with financial reform and football revival

    Sports chief raises alarm over doping spike amid Region 5 triumph

    Sports chief raises alarm over doping spike amid Region 5 triumph

    𝐃𝐞𝐛𝐬𝐰𝐚𝐧𝐚 𝐑𝐞𝐜𝐨𝐠𝐧𝐢𝐬𝐞𝐝 𝐨𝐧 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐬𝐭𝐚𝐠𝐞 𝐰𝐢𝐭𝐡 𝐀𝐔𝐒𝐂 𝐦𝐞𝐝𝐚𝐥 𝐨𝐟 𝐇𝐨𝐧𝐨𝐮𝐫

    𝐃𝐞𝐛𝐬𝐰𝐚𝐧𝐚 𝐑𝐞𝐜𝐨𝐠𝐧𝐢𝐬𝐞𝐝 𝐨𝐧 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐬𝐭𝐚𝐠𝐞 𝐰𝐢𝐭𝐡 𝐀𝐔𝐒𝐂 𝐦𝐞𝐝𝐚𝐥 𝐨𝐟 𝐇𝐨𝐧𝐨𝐮𝐫

  • Subscribe
No Result
View All Result
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Karateka targets international titles

    Botswana gears up for high-stakes Gabs Open karate showdown

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

    Under Babitseng BFA will be transparent and accountable

    BFA slashes deficit and eyes bright future with financial reform and football revival

    Sports chief raises alarm over doping spike amid Region 5 triumph

    Sports chief raises alarm over doping spike amid Region 5 triumph

    𝐃𝐞𝐛𝐬𝐰𝐚𝐧𝐚 𝐑𝐞𝐜𝐨𝐠𝐧𝐢𝐬𝐞𝐝 𝐨𝐧 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐬𝐭𝐚𝐠𝐞 𝐰𝐢𝐭𝐡 𝐀𝐔𝐒𝐂 𝐦𝐞𝐝𝐚𝐥 𝐨𝐟 𝐇𝐨𝐧𝐨𝐮𝐫

    𝐃𝐞𝐛𝐬𝐰𝐚𝐧𝐚 𝐑𝐞𝐜𝐨𝐠𝐧𝐢𝐬𝐞𝐝 𝐨𝐧 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐬𝐭𝐚𝐠𝐞 𝐰𝐢𝐭𝐡 𝐀𝐔𝐒𝐂 𝐦𝐞𝐝𝐚𝐥 𝐨𝐟 𝐇𝐨𝐧𝐨𝐮𝐫

  • Subscribe
No Result
View All Result
The Business Weekly & Review
No Result
View All Result
Home Sports

BNSC’ funds to members increased by P4.6m last year

• BNSC received P130 million from govt to run sports in 2020

mm by Sports Writer
November 23, 2021
in Sports
Reading Time: 2 mins read
0
BNSC’ funds to members increased by P4.6m last year

GABORONE 4 May 2021, The minister of youth sports and culture development Tumiso Rakgare briefs the media in Gaborone on 4 May 2021 on the preparation of Team Botswana for the Tokyo Olympic. BNSC chairman Marumo Morule and BNOC President Col. Botsang Tshenyego, MYSC permanent secretary Kabo Ramokate and BNOC acting chief executive officer Wedu Motswetla were present during the briefing. Motswetla during the briefing. (Pic:Monirul Bhuiyan/PRESS PHOTO)

0
SHARES
115
VIEWS
Share on FacebookShare on Twitter

In 2020, Botswana National Sport Commission (BNSC) financial assistance for affiliates and associates increased by P4.6 million, up from P28.6 million in 2019 to P33.2 million in 2020, the Auditor General’s (AG) report for the period that ended 31 March 2020 shows.

BNSC is the national governing body for all sports in Botswana. According to the recently released AG’s report, in 2020 the Commission’s financial distribution to special projects was P56.6 million, which was P800 000 less than P57.4 million in 2019.

BNSC’s operating expenses in the year under review amounted to P54.6 million, comparison to P64.5 million in the prior year. The AG’s report shows that the Commission recorded a deficit of P4.52 million, down P126.31 million in the previous year.

“The Commission was funded by Government grants,” the report notes. “In the year under review, the Grant Income, including amortised grants, was P130.02 million (93.8 percent of total income). “Other income was derived from, among others, Stadium Income (P2 365 037), Rental Income (P1 527 535) and Sports Awards (P1 352 352).”

As reported in the previous year, the report again says the continued deterioration of the net equity position and a perennial precarious net liquidity position of the Commission continued to raise concern on the ability of the Commission to continue as a going concern.

“In addition, the COVID-19 pandemic had affected cultural and sporting events across the world and it was expected that the effect of this pandemic would be felt by the Commission in the years 2020-21 and 2021-22,” it says. “The ability of the Commission to continue was dependent on the continuous support of the Government of Botswana in supplementing the financial needs through revenue and capital subventions.”

No Lease Agreement for Orange and BNSC

Meanwhile, the AG’s report has noted that although the auditors engaged by the Commission to audit their books informed the AG that the Commission was leasing some booster place to Orange, the Commission did not avail to them any signed framework or signed lease agreement with Orange for lease of the booster.

“The lease agreement that the Commission was using to charge rentals expired in 2019,” the report says. “Therefore, the terms and conditions governing the lease of these properties were invalid. In response, Management stated that the Commission had submitted the lease agreement to Orange for signature in November 2019 who referred it to its legal team for perusal. The Commission indicated that it would continue to follow up the matter with Orange for completion.”

 

 

Tags: Auditor GeneralBotswana National Sport Commission (BNSC)COVID-19

Navigation

  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
  • Subscribe

Recent News

  • StanChart commits to supporting critical minerals sector
  • BOCRA Slashes Mobile Tariffs
  • Subdued, but consistently resilient; Standard Chartered reveals 2025 half year results
  • Access Bank Named Best Financier for Women Entrepreneurs in Africa
  • LLR aims to build P3 billion portfolio with annual returns above 7%

Site

  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition

© 2021 The Business Weekly & Review. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
  • Subscribe

© 2021 The Business Weekly & Review. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?