BPOPF battles to retrieve P477m from CMB

Friday, December 15, 2017

The Botswana Public Officers Pension Fund (BPOPF) is battling to recover P477 million in assets and cash from Capital Management Botswana (CMB) following the termination of a private equity investments contract between the two parties.

BPOPF is reported to have terminated CMB mandate after investigations revealed that the fund manager flouted agreed investments policies and guidelines.

Industry insiders say the contract was terminated on October 30, 2017 with an order for the fund manager to return all assets, but CMB has not complied with BPOPF’s demands.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Striding back: Kutlwano volleyball women’s team PIC: KENNEDY RAMOKONE

GU Stadium bears the brunt of venue shortages

Mqondisi Dube | 2d ago

Boko’s unfinished media battle

Tsaone Basimanebotlhe | 2d ago

Can Chiefs compound Rollers’ problems?

Boitumelo Khutsafalo | 2d ago

I don't have a lawyer yet -Seretse

Larona Makhaiza | 12 Mar 2026

The Makhenes Are Coming to Mzansi Magic

correspondent | 09 Mar 2026

Let's show compassion to baby Asli

Her story is heartbreaking not only because she is fighting for her life at such a tender age, but because her parents have spent months navigating a medical journey filled with uncertainty, delays, and rising fear.What began as something that seemed as simple as jaundice has escalated into a life-threatening condition that now requires an urgent liver transplant.For Asli’s parents, the reality is devastating. They are not asking for luxuries...

Mmegi Editor | 06 March 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More