Pension funds beat PFR 2 target

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.