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
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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