CMB clinches BPOPF P500m tender

Carr
Carr

Local asset management firm, Capital Management Botswana (CMB) has clinched a lucrative tender to manage Botswana Public Officers Pension Fund (BPOPF) P500m private equity fund, BusinessWeek has learnt.

The kitty is the first tranche of BPOPF’s trend-setting P800 million private equity funds solely targeted for investments in Botswana only. 

BPOPF marketing and communications manager Devilliers Nage confirmed that the tender has been awarded to Capital Management.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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