Allan Gray Botswana offers SA unit trusts
Thursday, February 17, 2011
Managing Director Tapologo Motshubi says the firm has enjoyed substantial growth over the past six years, and currently has BWP3.25 billion assets under management.
"Having established our credentials in the institutional market, we are now ready to open our doors to retail investors," says Motshubi.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...