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
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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