BPOPF Supports Local Economy

BPOPF's new logo.PIC: MORERI SEJAKGOMO
BPOPF's new logo.PIC: MORERI SEJAKGOMO

The Botswana Public Officers Pensions Fund (BPOPF) has invested about 45% of their portfolio in developing Botswana’s different sectors as at December 31, 2016.

Chairperson, Carter Morupisi revealed this recently during the launch of the Fund’s new corporate identity, adding that they are passionate about advocating for citizen empowerment.

“We are working actively with Government to facilitate the growth of SME’s citizen-owned initiatives and companies to encourage the future development and contributions in the country,” he said.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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