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BPOPF upbeat about talks over govt’s P30bn debt drive

Talks ongoing: Malindah says engagement is continuing with the Ministry of  Finance and Economic Development PIC: MORERI SEJAKGOMO
Talks ongoing: Malindah says engagement is continuing with the Ministry of Finance and Economic Development PIC: MORERI SEJAKGOMO

The Botswana Public Officers Pension Fund (BPOPF), the country’s largest single investor outside of government, says it can and is willing to do more to support the government’s P30 billion debt programme, and the results of ongoing negotiations will become clear in due course.

The BPOPF’s assets under management rose 24.4% to P83.6 billion last year, with the returns on global equities anchoring the growth and defying COVID-19 related market pressures on other classes such as fixed income.

The sterling performance allowed the BPOPF to declare returns ranging between 23% and 7.5 percent for the different member portfolios, some of the highest numbers for a single year.

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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