Bramer gets new lease of life
Tuesday, June 30, 2015
Bramer Life Insurance director Rginah Vaka and Statutory manager Nigel Dixon during a press conference
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.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...