Nexia AJ – Gaborone

Varma & Co was incorporated in 1996 and commenced offering accounting, business and tax advisory services in 2008. The firm’s three resident directors, Mr. N V Rajendran, Mr. T N Anil and Mr. Jayaram Karumathil, all have considerable professional experience spanning many decades in Botswana, all previously working as partners or consultants at Grant Thornton, among other roles.

Within eight years, Varma & Co has successfully gained a sizable number of clients and is considered as one of the fastest growing firms in Botswana. Other than the three directors, the company employs five qualified accountants and 10 professionals.

The firm’s major clientele comprises companies from the hospitality industry, education sector, property holding and development, agriculture and animal husbandry. Varma & Co has offices in Gaborone (Botswana’s capital city and economic hub) and Palapye. The firm receives a high number of client referrals through private contacts and its extensive network, which is testament to its professional standing and success.

Ranking
Currently there is no official listing for accounting firms in Botswana. However, based on size and fee income, Varma & Co estimates it ranks between 12 and 15.

Services include:

• Auditing and accounting 
• Taxation 
• Corporate recovery 
• Mergers and acquisitions 
• Corporate finance and management 
• Wealth management
• Estate planning 
• Corporate turnaround management
• Company secretarial services