Mmegi

Ninety One eyes P2bn in private credit opportunities

Seeing opportunities: Ninety One is hunting for returns and impact in the local market
Seeing opportunities: Ninety One is hunting for returns and impact in the local market

Leading asset manager, Ninety One, is seeing opportunities in the market’s liquidity crunch and has a pipeline of up to P2 billion for private credit deals, mainly around infrastructure.

The local financial market has been weighed down by a liquidity crisis since last year, mainly owing to reduced government spending amidst the prolonged downturn in diamonds.

Private credit, meanwhile, which involves non-bank entities such as pension funds and their asset managers lending money to companies as opposed to traditional bank credit, is a growing alternative in the country.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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