Mmegi

Pension funds surpass NBFIRA’s repatriation target

Friday, March 08, 2024 | 2260 Views |

Public investment: Pension funds are eyeing NDP12 which has a dedicated Public Private Partnership window through which private capital can boost public works PIC: MORERI SEJAKGOMO

Local pension funds grew their assets by almost 13% last year, reaching P139 billion by December, with their domestic portfolio constituting 40.6%, surpassing the target set by the regulator.

Under amendments to the Retirement Funds Act, the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) mandates pension funds to raise their domestic holdings to a minimum of 50% of their total assets, progressively between 2023 and 2027.

Formally known as Pension Fund Rule 2 or PFR2, the NBFIRA statute previously mandated pension funds to invest a minimum of 30% of their assets locally.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

botswana pension funds

Triccs slays with style, laughter at "Too Young to be Old"

Nnasaretha Kgamanyane | 20 h ago

Han-C steals the show at Back to School event

Lesedi Mkhutshwa | 20 h ago

Simonsvlei pops new Mimosa

Staff Writer | 20 h ago

Exploring the Art of Watercolor with Angella Mackennie

Nnasaretha Kgamanyane | 20 h ago

NDB secures P133m facility to boost grain production

Timothy Lewanika | 21 h ago

Botswana faces tighter fiscal space, weaker buffers

Lesedi Mkhutshwa | 21 h ago

Private sector urged to seize AfCFTA opportunities

Laone Choeunyane | 21 h ago

Cavista Technologies brings global hackathon to Botswana

Laone Choeunyane | 21 h ago

Doping needs our collective action

As such, we are now one step away from the shame of being labelled amongst the world’s worst offenders. This is a national embarrassment that demands an immediate, united response from every corner of our society. Pointing fingers is useless, we must all hold up our hands and play our part in the dealing with this matter.To our government and the Botswana National Sports Commission (BNSC), the call is for the to adopt decisive leadership and...

Mmegi Editor | 30 January 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More