Private equity firm eyes P2bn fund

Carr
Carr

Capital Management Botswana (CMB) is targeting to raise up to P2 billion under a trend setting private equity fund to be invested in local and Botswana linked businesses.

CMB, which won a P500 million private equity tender from the Botswana Public Officer Pension Fund (BPOPF) last year, says it wants to raise a further P1.5 billion from other local pension funds and international investors.

The new fund, Botswana Opportunities Partnership (BOP) will invest into local businesses providing mostly growth capital.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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