The Companies and Intellectual Property Authority (CIPA) has expressed significant concern over a series of articles published by the Business Weekly & Review newspaper, which it claims aim to undermine the achievements of CIPA’s Online Business Registration System (OBRS). In a recent press release, CIPA addressed these allegations, providing clarifications and reaffirming its commitment to enhancing Botswana’s business environment.
One of the primary issues raised by the Business Weekly & Review pertains to the write-off of outstanding annual returns. CIPA clarified that this decision was made prior to its establishment, under the former Registrar of Companies and Intellectual Property (ROCIP), a department within the then Ministry of Trade and Industry. The Authority emphasized that associating this historical write-off with its current operations demonstrates a disregard for journalistic ethics, especially since CIPA was not given an opportunity to respond to these allegations.
The newspaper further alleged widespread revenue leakages within the OBRS. Contrary to these claims, CIPA highlighted that the OBRS is equipped with capabilities that enable the identification of any revenue leakage by providing an audit trail of all transactions. This functionality has allowed the Authority to address and minimize potential leakages effectively. Moreover, with the support of system developers, CIPA continually enhances system functionality to ensure robust financial oversight.
Contradicting claims of revenue losses, CIPA reported that in its first year of OBRS operation, revenues doubled from P40 million to P80 million, with continued growth in subsequent years. These funds are collected by the Government and deposited into the consolidated fund for redistribution by the Ministry of Finance. As a State-Owned Enterprise, CIPA adheres to the highest standards of accountability and transparency, conducting regular audits on the OBRS to ensure it provides value for money for the Government of Botswana and supports the growth of entrepreneurship in the economy.
CIPA reassured the public that its operations are well-governed, with middle management and the Executive Committee (EXCO) working collaboratively under the leadership of the Caretaker Registrar General (CRG). The Authority emphasized that any challenges or concerns are addressed through open dialogue and collective effort, ensuring the continuous provision of secure, reliable, and efficient online services.
As pioneers of government digitization, CIPA remains wholly committed to improving service delivery, supporting economic diversification, and promoting an investor-friendly business environment. The Authority takes pride in providing services that benefit Batswana, the business community, government entities, procuring entities, and the public at large.
In conclusion, CIPA’s response underscores its dedication to maintaining transparency, enhancing system functionalities, and fostering a conducive environment for business growth in Botswana. The Authority continues to prioritize the interests of its stakeholders, ensuring that its operations align with national economic objectives.