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
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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