Botshelo Water The team from Rand Water, seconded to Botshelo Water to turn the business around, was only appointed in the latter half of the financial year. The absence or the Chief Executive and the subsequent retirement of the Chief Financial Officer had aggravated the situation and left the entity with little institutional memory. The team from Rand Water therefore needed more time to obtain corroborative evidence to support the annual report and financial statements in light of the history of the disclaimer of opinion by the Auditor-General in previous financial years.