Private equity firm eyes P2bn fund
Friday, February 27, 2015
![Carr](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2015/february/27/php736B.tmp.jpg&w=400&q=72&f=jpg&t=1)
Carr
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.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...