Investec Unveils New Wealth Creation Avenue

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Investec Asset Management, a 14-year-old fund manager with P8.5 billion in funds under management, took Collective Investment Undertakings (CIUs) to ordinary Batswana via the unveiling of a range of various wealth creation products last week.

Speaking to stakeholders at the unveiling of the CIU product range at GICC on Wednesday, Investec Managing Director Martinus Seboni said the fund manager had secured authorisation from the Non-Bank Financial Institution Regulatory Authority (NBFIRA) to offer the product range to individuals.

"It's been our wish to introduce our product range to individual investors because prior to this, we were dealing with retirement funds and corporates. Now that the regulator has authorised and approved our range, we are able to be here today. The road has been long and the process stringent.

Editor's Comment
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

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