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The ins and outs of Collective Investment Undertakings

Friday, May 05, 2023 | 390 Views |

In this Q and A, Mmegi Staff Writer, MBONGENI MGUNI, speaks to the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) Capital Markets director, JULIANA WHITE on Collective Investment Undertakings (CIUs), the investments increasingly popular with retail investors

Mmegi: May you provide a brief overview of Collective Investment Undertakings (CIUs) Act and its purpose?

White: The CIU Act dates back to an old piece of legislation that was promulgated in the early 1990s and subsequently repealed in 2012. However, it took a long time for it to be reconstituted and the new Act commenced last year in February. It was a replacement of the old Act which modernises the legislation.

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The ins and outs of Collective Investment Undertakings

In this Q and A, Mmegi Staff Writer, MBONGENI MGUNI, speaks to the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) Capital Markets director, JULIANA WHITE on Collective Investment Undertakings (CIUs), the investments increasingly popular with retail investors

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

Branch fires early warning shot as Portugal fuels title push

A promising step for public schools, but...