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
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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