NBIFRA left clutching air in P400m row
Friday, February 09, 2018
NBFIRA, responding in part to complaints by the Botswana Public Officers Pension Fund (BPOPF) over a P400 million dispute with CMB, last Wednesday placed the private equity firm under statutory management and appointed veteran attorney and former High Court judge, Peter Collins as statutory manager. The statutory order included the freezing of CMB’s accounts and takeover of all affairs.
CMB, which at some point managed P477 million of BPOPF funds, successfully challenged the move last Thursday before Justice Omphemetse Motumise at the High Court.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...