BPOPF caught in double standards?
Friday, December 20, 2019
Fast-forward two years, Investec Asset Management Botswana which manages billions on behalf of BPOPF is in a similar situation but thanks to its foreign ownership it is being subjected to different rules. James Hatuikulipi, Managing Director of Investec Asset Management Africa has resigned amid a fishing scandal in Namibia. Hatukulipi to whom the local Botswana Managing Director Martinus Seboni reports to was a board member of Investec Asset Management Botswana.
Hatuikulipi was arrested late November 2019
Khama’s announcement to take over as Kgosikgolo was met with jubilation by some, but it also exposed deep-seated divisions. The Bogosi Act, which clearly states that a Mothusa Kgosi cannot be removed without the minister’s involvement, serves as a crucial legal safeguard. This law is designed to prevent arbitrary decisions and ensure stability within traditional leadership structures.The tension between Khama and Serogola has been simmering...