Alexander Forbes loses lucrative BPOPF deal

Boitumelo Molefe.PIC.KENNEDY RAMOKONE
Boitumelo Molefe.PIC.KENNEDY RAMOKONE

The Botswana Public Officers Pension Fund (BPOPF) has moved to insource the management of records and benefits payments for its 153,000 members, in a move that will save the pension fund upto 70 percent of the cost of outsourcing the services.

The services, which include collection of members’ contributions and administration of benefits, are currently outsourced to Alexander Forbes Financials Services.

Speaking to Mmegi Business on the sidelines of the launch of the fund’s whistle blowing facility in Gaborone yesterday, BPOPF’s new CEO, Boitumelo Molefe said the decision to insource administration of members’ files and pensioners’ benefits was based on the realisation that the fund, as a secretariat, should be handling its members’ accounts.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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