Mmegi

BPOPF ups property acquisitions as asset-hunting intensifies

Malindah PIC: MORERI SEJAKGOMO
Malindah PIC: MORERI SEJAKGOMO

The Competition and Consumer Authority (CCA) has noted a surge in the number of acquisitions and mergers in the local property market as changes in pension fund rules arm-twist the Botswana Pension Officers Fund (BPOPF) to divest international capital investments into local assets.

CCA's latest annual report showed that the authority received and approved the largest notice of mergers and acquisitions from the real estate sector predominantly from asset managers who have mandates from the BPOPF.

“In the period under review, the authority assessed and finalised 24 transactions from the Real Estate sector. Most of the mergers in the sector involved the Botswana Public Officers Pension Fund (BPOPF) acquisitions through property asset managers Seventy 5 Degrees (Pty) Ltd and Khumo Property Asset Managers,” the authority revealed.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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