Bramer gets new lease of life

Bramer Life Insurance director Rginah Vaka and Statutory manager Nigel Dixon during a press conference
Bramer Life Insurance director Rginah Vaka and Statutory manager Nigel Dixon during a press conference

Bramer Life Insurance has cut ties with its Mauritian majority shareholder and replaced them with a local private equity fund, the Botswana Opportunity Partnership (BOP).

BOP is a partnership between the Botswana Public Officers Pensions Fund (BPOPF) and Capital Management Botswana (CMB) with the mandate to invest in businesses in Botswana.

Currently, Bramer Life is under statutory management following a financial scandal at its Mauritian shareholder.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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