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BPOPF plans greater local capital injections

Seeing opportunities: Malindah PIC MORERI SEJAKGOMO
Seeing opportunities: Malindah PIC MORERI SEJAKGOMO

The country’s single largest investor, the Botswana Public Officers Pension Fund (BPOPF), is actively looking at more opportunities in the local private sector and infrastructure, as a way of boosting economic activity whilst earning returns for members.

BPOPF CEO, Moemedi Malindah, told BusinessWeek that the fund was alive to the economic challenges in the country, as well as the need to be more active in stimulating activity that will spur employment creation.

“We cannot act as though we are immune to what's happening to the economy,” he told BusinessWeek in a recent media briefing. “It’s affecting all of us and it’s important for the BPOPF to play an active role in terms of trying to change the affairs of the country. “How do we contribute to the solutions? “We don’t have an answer to that and I don’t think anyone can claim that, but we know that investments ought to be made so that employment can be created and business activity boosted.

Editor's Comment
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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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