Kgori Capital Fights Hard To Retain Clients

Bakang Seretse with his lawyers PIC. MORERI SEJAKGOMO
Bakang Seretse with his lawyers PIC. MORERI SEJAKGOMO

In what seems to be a response to news that Botswana Public Officers Pension Fund (BPOPF) intends to cut ties with them, Kgori Capital has issued a statement further distancing itself from its former managing director, Bakang Seretse.

The statement also shows that the company is not pleased with some news making rounds about their client dealings.

The BPOPF Investment and Risk committee last week met to deliberate on the Kgori matter and recommended that the contract, which comprises management of listed equities, fixed income and cash, be terminated.  The board of trustees, chaired by Permanent Secretary to the President, Carter Morupisi, will on Tuesday meet to   either adopt or decline the recommendation.

Editor's Comment
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