BPOPF sets aside P3bn for local infrastructure
Friday, October 09, 2020
The BPOPF’s assets of more than P70 billion are invested in various classes of domestic and offshore instruments, mainly equities, bonds, property and others. The pension fund, through its asset managers, holds about 60% of these assets offshore and the balance locally.
The BPOPF has previously invested in infrastructure outside Botswana, placing $10 million with the Pan African Development Infrastructure Fund in South Africa in 2014. However, the P3 billion allocation will be the first targeting local opportunities.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...