BPOPF�s delicate balancing act
Friday, September 25, 2015
Sitting on an asset base worth as much as P51 billion ($5 billion), the Botswana Public Officers Pension Fund (BPOPF) is one of the largest pension funds in sub-Saharan Africa. About 35 percent of these funds are invested in Botswana.
Although BPOPF is above the regulatory 30 percent onshore investments threshold, market sentiment, which came to the fore during the recent liquidity shortages in the banking system, is that more pension funds should be brought back home to spur the domestic economy rather than promote the growth of foreign economies.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...