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
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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