Mmegi

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
Boko should stop the fighting and start the delivering

With his theme of 'Delivering on Our Promise, One Step at a Time', he sought to project an image of a focused, determined leader building a new ‘Rome’. Sadly, parts of his speech were not about laying bricks, but about settling old scores.It is deeply worrying that a head of government would use such a pivotal national address to launch another bitter broadside against the media and his political detractors. His portrayal of the...

Have a Story? Send Us a tip
arrow up