The Authority subscribes to and promotes best practice principles of corporate governance. The Civil Aviation Act, the Board Charter, Sub-Committee Terms of Reference, Kings Codes on Corporate Governance, currently King IV and other applicable legislation, govern the affairs of the Board.
The Board furthermore ensures that the Board Members individually, Management and staff subscribe to and implement adopted principles of good Corporate Governance and best practices. To achieve this, the Board aims to ensure that:
- the Authority’s affairs are administered in conformance with adopted code(s) of good Corporate Governance;
- A culture of fairness, transparency and accountability is promoted throughout the Authority’s activities and personnel;
- all Directors are periodically familiarized with, understand and subscribe to adopted principles of Corporate Governance, through continuous training and development;
The Role of The Board
The role of the Board is to set and monitor the strategic functioning of the Authority as well as mobilising and allocating resources of the Agency. The Board shall also effectively represent, promote, protect and nurture the best interests of the shareholder as well as recognize the interests of other stakeholders with a view to maintaining and adding long-term value to the Authority to enable it to achieve the Authority’s corporate objectives, in force from time to time.
The Board shall be responsible for ensuring existence and implementation of sound and effective internal control systems, risk management, and ensuring true and fair presentation of the Authority’s affairs in the financial statements. The Board shall direct and supervise the management of the Authority’s activities, assets and affairs including:
Establishing the Authority’s Policies and ensuring that Management is proactively seeking to build and promote the Authority’s customer focus, innovation, initiative, technology, new services/activities and its human capital; and,
Ensuring that the Authority’s goals are clearly established, and that strategies are in place for achieving them.
The Civil Aviation Authority of Botswana Act at section 25 provides “The Board may, for the purpose of performing the functions of the Authority, establish such committees as it considers appropriate and may delegate to any such committee such of its functions as it considers necessary.” “The Board may appoint such number of persons, either from among the Members of the Board or not or from both, as it considers appropriate, to be members of such committees and such persons shall hold office for such period as the Board may determine.”
In this regard the Board has established the following Committees:
Board Finance, Audit and Risk Committee,
Board Human Capital and Remuneration Committee,
Board Technical Services/Customer Services Committee, and
Board Tender Committee.