Enhancing the Efficacy of Board Supervision in Eswatini Commercial Public Enterprises

The purpose of this paper was to examine the efficacy of board supervision in Eswatini commercial public enterprises. The study adopted a qualitative approach. A sample of 15 participants was purposively selected from a population of 143 participants. Empirical evidence supported the need for oversight bodies to enhance board effectiveness. It was established that financial mismanagement and operational inefficiencies were affecting the commercial public enterprises growth. The findings reflected that lack of diversity on the composition of the boards had a negative effect on the efficacy of the boards and political interference adversely affected decisions of the boards. It was also established that there was a need to ensure that accountability and transparency is promoted. The study recommended that there is a need to train oversight board members to strengthen their capabilities and efficiency and effectiveness of the boards. It is critical to put boards’ performance evaluation systems in place to enable boards to evaluate themselves.