Bifm sees upsurge in retail investor activity

Seeing expansion: Mathe-Lisenda is eyeing growth in the retail investor segment of the market
Seeing expansion: Mathe-Lisenda is eyeing growth in the retail investor segment of the market

The country’s largest and oldest asset manager, Bifm, says it is experiencing an uptick in retail investor interest in various opportunities available in the market.

Retail investors, the term used for individuals as opposed to institutions or corporates, have traditionally under-participated in the local investment market, due to factors such as cost, financial literacy, and other accessibility issues.

Bifm, which had assets under management of P38.5 billion by December 2022, recently opened an office in Francistown, its first foray outside Gaborone since it was established in 1975.

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...

Have a Story? Send Us a tip
arrow up