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DPF’s assets soar to P10.5bn

Bouncing back: DPF CEO, Gosego January, is overseeing a surge in asset value
Bouncing back: DPF CEO, Gosego January, is overseeing a surge in asset value

Debswana Pension Fund's (DPF) assets soared to P10.5 billion at the end of the second quarter, from P10.2 billion in the first quarter, helped along by a strong performance in African and global equities.

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.


Editor's Comment
FMD crisis: We must fight as one

That should concern every Motswana. The implications extend far beyond cattle and farmers. Botswana’s beef industry is a critical pillar of the economy, supporting thousands of households and sustaining businesses along the value chain.The loss of access to lucrative export markets has already demonstrated how quickly an animal-health crisis can become an economic crisis.This is, therefore, not the time for complacency, blame, or political...

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