Kgori Capital Fights Hard To Retain Clients
Monday, December 18, 2017
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.
While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...