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Bona Life eyes rebound to market strength

Hopeful: Keakabetse expects Bona Life to regain its market share PIC: PHATSIMO KAPENG
Hopeful: Keakabetse expects Bona Life to regain its market share PIC: PHATSIMO KAPENG

Bona Life is confident of bouncing back to its formerly prominent spot in the market, following a P180 million recapitalisation effort by sole shareholder, the Botswana Public Officers Pension Fund (BPOPF).

Bona Life first established as Bramer Life in 2014 found itself in statutory management in 2015 after one of its shareholders, a Mauritian company ran into legal troubles.

At the time, help came from BPOPF which had set up a P500 million private equity investment fund run by an asset management firm, Capital Management Botswana (CMB).

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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