Pula Fund recovery continues

Thursday, May 16, 2019

The Pula Fund continued on the road to recovery in February, rising by nearly four percent to just shy of P50 billion.

The Pula Fund, which is the country’s sovereign wealth fund housing decades of budget surpluses and diamond revenues, endured a horror period at the end of 2018 where it lost P6.7 billion alone on losses in global equities investments.

Statistics released by the Bank of Botswana this week show that from P47.5 billion in December 2018, the Pula Fund pulled back to P48.2 billion in January 2019, then P49.99 billion February.

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Pula Fund recovery continues

The Pula Fund continued on the road to recovery in February, rising by nearly four percent to just shy of P50 billion.

Rollers, Orapa brace for two-part sequel

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

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Inspect the voters' roll!