The broader business implications of IFRS 9
Friday, October 11, 2019
![Mbako Mbo](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2019/october/11/php6kOAps.jpg&w=400&q=72&f=jpg)
Mbako Mbo
Implementation is settling down..
However, the challenges remain broad, and largely underestimated. IFRS 9 brought both quantitative and qualitative impact on organisations, particularly so with credit extension enterprises. Beyond the quantifiable P&L and capital reserve implications, the Expected Credit Loss (ECL) regime that IFRS introduced has far reaching implications on business strategy, product constructs, regulatory compliance and credit origination, to say the least.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...