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    Karateka targets international titles

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    Karateka targets international titles

    Botswana gears up for high-stakes Gabs Open karate showdown

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Eppieโ€™s breakthrough hints at a brighter future for Botswanaโ€™s 400m

    Eppieโ€™s breakthrough hints at a brighter future for Botswanaโ€™s 400m

    Under Babitseng BFA will be transparent and accountable

    BFA slashes deficit and eyes bright future with financial reform and football revival

    Sports chief raises alarm over doping spike amid Region 5 triumph

    Sports chief raises alarm over doping spike amid Region 5 triumph

    ๐ƒ๐ž๐›๐ฌ๐ฐ๐š๐ง๐š ๐‘๐ž๐œ๐จ๐ ๐ง๐ข๐ฌ๐ž๐ ๐จ๐ง ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ฌ๐ญ๐š๐ ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐”๐’๐‚ ๐ฆ๐ž๐๐š๐ฅ ๐จ๐Ÿ ๐‡๐จ๐ง๐จ๐ฎ๐ซ

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Botswana Investment Professionals Society (BIPS) launched

โ€ข To promote high standards within the investment management industry for the betterment of society โ€ข Society consists of investment management firms registered with NBFIRA

mm by Staff Writer
November 30, 2021
in News
Reading Time: 2 mins read
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Botswana Investment Professionals Society (BIPS) launched
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Botswana Investment Professionals Society (BIPS), a non- profit society registered with the Botswana Registrar of Societies which is comprised of local investment management firms, was successfully launched.

Speaking at the launch BIPS Chairperson Tapologo Motshubi shared an ambitious agenda that touched on integrity, industry standards, ethical, sustainable long term goals. “Our mandate as BIPS is to promote high standards within the investment management industry through self- regulation and monitoring. It also encourages investment analysts, managers, and advisors to uphold the integrity of the industry. Additionally, it advocates for firms within the industry through the engagement of relevant stakeholders such as the Ministry of Finance and Economic Development, NBFIRA, Bank of Botswana, Botswana Stock Exchange (BSE), and other key stakeholders in the industry,” said BIPS Chairperson.

Motshubi emphasized that the Society’s strategy is to create an environment that fairly represents asset manager views to stakeholders on the consensus approach for improving the industry and upholding best industry practice and to educate the public on matters related to the asset management industry. The promotion of a sustainable, ethical, and trustworthy industry provides a long-term benefit to investors and our country at large.

Membership is currently available to registered asset management firms. The society currently has ten members. Individuals who are part of the management firms that have subscribed to the society are eligible to participate in the activities of the society including standing for elective positions. Membership is valid when subscription fees have been paid. Fees are paid once annually, in January at the start of the year.

When quizzed how the society is funded Motshubi said, “the society is funded through annual member subscriptions. Sponsorships may be sought on an ad-hoc basis and for events hosted by the society. The administration of the society is entrusted to an Executive Committee consisting of a chairperson, vice-chairperson, secretary, treasurer and two additional members. Members are elected at an annual general meeting of the society through a simple majority vote. They are elected for a two-year term and may seek re-election for another two-year term”.

Tags: Bank of BotswanaBotswana Investment Professionals Society (BIPS)Botswana Stock Exchange (BSE)NBFIRATapologo Motshubi

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