DPF’s assets soar to P10.5bn
Friday, October 06, 2023 | 1250 Views |
Bouncing back: DPF CEO, Gosego January, is overseeing a surge in asset value
The DPF is the country’s second-largest pension fund after the Botswana Public Officers Pension Fund, and the largest covering the private sector.
The DPF’s positive performance was driven by stronger economic growth, positive earnings outlook, declining inflation and the weakening dollar, officials said in a commentary released recently.
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...