Mmegi

Pension funds beat PFR 2 target

Generational wealth: Pension funds enjoyed a healthy performance last year and beat the NBFIRA's target for domestic investments PIC KENNEDY RAMOKONE
Generational wealth: Pension funds enjoyed a healthy performance last year and beat the NBFIRA's target for domestic investments PIC KENNEDY RAMOKONE

The country’s pension funds held 45.3 percent of their assets domestically as at December 2025, beating a target of 44 percent set by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA).

Bank of Botswana figures released recently indicate that assets held by the country’s pension funds reached P167.2 billion in December, with about P76 billion held domestically and the balance offshore.

Under NBFIRA’s amended investment rules, pension funds were required to hold a minimum of 44 percent of their assets within Botswana by the end of last year, rising to 47 percent by December 2026 and full compliance towards a total domestic investment limit of 50 percent by no later than December 2027.

Editor's Comment
Let the courts follow the money

“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”– B.R. AmbedkarThe amount of money at play threatens to test the integrity of the country’s financial system, giving more reason to why the courts must be fully given leeway to lean on the matter and reach a conclusion.Botswana has spent decades building her reputation as a stable and credible financial jurisdiction.The...

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