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

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.

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Bramer gets new lease of life

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).