NBFIRA, BPOPF face off against CMB

Appeals' Court
Appeals' Court

The Non-Bank Financial Institutions Regulatory Authority's (NBFIRA) face off against Capital Management Botswana (CMB) will play out next week at the Court of Appeal as the regulator still fights to place the asset manager under statutory management.

NBFIRA lost the suit at the High Court in April when Judge Omphemetse Motumise dismissed their application that sought confirmation of the appointment of Peter Collins as Statutory Manager for CMB.

Motumise had also granted a counter-application filed by CMB in which they wanted an order setting aside the appointment of Collins.

Editor's Comment
Inspect the voters' roll!

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...

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