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DPF assets firm despite emerging headwinds

Pushing on: DFP CEO, Gosego January
Pushing on: DFP CEO, Gosego January

The country’s second-largest pension fund, the Debswana Pension Fund (DPF), has registered growth in its assets in the first quarter of the year to P10.2 billion, from P9.6 billion in the fourth quarter of last year, despite market turbulence experienced over the latter part of the period.

The DPF is a defined contribution pension fund established in 1984 as a trust through a joint initiative between Debswana, Anglo American Corporation Botswana, and De Beers Prospecting Botswana with key investments in property, equity, bonds and alternatives.

In an update to members recently, DPF officials said the first quarter kicked off with positive market performance due to several factors, which helped the pension fund’s returns.


Editor's Comment
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When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...

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