Kgori Capital Fights Hard To Retain Clients

Bakang Seretse with his lawyers PIC. MORERI SEJAKGOMO
Bakang Seretse with his lawyers PIC. MORERI SEJAKGOMO

In what seems to be a response to news that Botswana Public Officers Pension Fund (BPOPF) intends to cut ties with them, Kgori Capital has issued a statement further distancing itself from its former managing director, Bakang Seretse.

The statement also shows that the company is not pleased with some news making rounds about their client dealings.

The BPOPF Investment and Risk committee last week met to deliberate on the Kgori matter and recommended that the contract, which comprises management of listed equities, fixed income and cash, be terminated.  The board of trustees, chaired by Permanent Secretary to the President, Carter Morupisi, will on Tuesday meet to   either adopt or decline the recommendation.

Editor's Comment
Masisi should avoid diplomatic tensions

Mokgweetsi Masisi’s recent spats regarding the supposed involvement of Eswatini and South Africa in accommodating former president Ian Khama have sparked concerns about the potential ramifications on diplomatic relations. While transparency is valued, it must be accompanied by strategic communication to mitigate unintended consequences.President Masisi’s comments during a diplomatic heads meeting have drawn attention to the delicate balance...

Have a Story? Send Us a tip
arrow up