Wednesday, May 31, 2023
  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition
  • Login
  • Register
  • Home
  • News
  • Economy
  • Columns
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Men’s U-19 cricket team preps for world cup qualifiers

    Botswana Cricket Gears Up for Int’l Tournaments

    ‘Amos did not communicate with us on his intention to go solo’- BAA

    Doping Cases Surge in Botswana Athletics 

    BoBA readies Team for African Champs

    Debswana’s Exemplary Sponsorship Elevates Botswana Sports

    The Abilities of Coach Dose Speak for Themselves 

    The Abilities of Coach Dose Speak for Themselves 

    BoBA is Grateful to Debswana for Increased Sponsorship – Sec Gen

    BoBA is Grateful to Debswana for Increased Sponsorship – Sec Gen

    Tebogo’s Move to US on Hold

    De Grasse Labels Tebogo a Threat in the World of Athletics 

    Trending Tags

    • Subscribe
    No Result
    View All Result
    • Home
    • News
    • Economy
    • Columns
    • Companies & Markets
    • In Business With
    • Lifestyle
      • Motoring
    • Sports
      Men’s U-19 cricket team preps for world cup qualifiers

      Botswana Cricket Gears Up for Int’l Tournaments

      ‘Amos did not communicate with us on his intention to go solo’- BAA

      Doping Cases Surge in Botswana Athletics 

      BoBA readies Team for African Champs

      Debswana’s Exemplary Sponsorship Elevates Botswana Sports

      The Abilities of Coach Dose Speak for Themselves 

      The Abilities of Coach Dose Speak for Themselves 

      BoBA is Grateful to Debswana for Increased Sponsorship – Sec Gen

      BoBA is Grateful to Debswana for Increased Sponsorship – Sec Gen

      Tebogo’s Move to US on Hold

      De Grasse Labels Tebogo a Threat in the World of Athletics 

      Trending Tags

      • Subscribe
      No Result
      View All Result
      The Business Weekly & Review
      No Result
      View All Result
      Home News

      BPOPF speaks on retirement funds

      The objective of a retirement fund is to ensure that its members retire comfortably by ensuring they achieve a certain Net Replacement Ratio, The CEO of BPOPF, Moemedi Malindah, has said.

      mm by Tshepiso Gabotlhomolwe
      October 26, 2021
      in News
      Reading Time: 1 min read
      0
      BPOPF speaks on retirement funds

      GABORONE 2 September 2020 , Botswana Public Officers Pension Fund (BPOPF) presents the 2020 year-end financial performance of the fund and the general state of the fund admin in Gaborone on 2 September 2020. (BPOPF) chairman Solomon Mantswe, BPOPF acting principal officer Moemedi Malindah and A Gabana were present during the event. Malindah during the event. (Pic: MONIRUL BHUIYAN/PRESS PHOTO)

      0
      SHARES
      170
      VIEWS
      Share on FacebookShare on Twitter

      Malindah was speaking at a media briefing to explain the importance of investments, portfolios and understanding objectives associated with pension funds. He told the journalists in attendance that BPOPF uses Allan Gray Investment Firm for its long term investments.

      The Managing Director of Allan Gray, Phatsimo Ncube, explained that the company is a privately owned investment management firm that was established in 1973. It is affiliated to the international Orbis Group that is valued at US$38.1 billion with US$530 billion assets under management, 1 422 employees and 26 investment professionals.

      Ncube said in Botswana, Allan Gray was registered in August 2003 and launched July 2004. It has P9.1 billion assets under management comprising P1.6 billion in global balanced mandates and P7.5 billion in specialist mandates.

      Ncube emphasised the importance of having a retirement fund because it ensures that members retire comfortably from strategies employed by fund managers to grow member’s contributions. She noted that investments obtain a return of inflation plus 5 percent or they can be an absolute value, growing the Fund’s assets to a certain level.

      At Allan Gray, she said, investments are made in several ways, among them bonds where the issuer promises the holder a fixed stream of income over a specified period, interest and (small) capital growth. Other forms of investment are property as tangible assets, commodities like gold, capital growth equities, and company shares.

       

      Tags: Allan GrayMoemedi MalindahPhatsimo Ncube

      Navigation

      • Home
      • News
      • Economy
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      Recent News

      • Reasonability is dicey in employment laws
      • On Independence and Invaluable Insight – The Non-Executive Director
      • Farmers’ capital costs are normal tax expenses
      • Bad service chases away 68% of the customers- Research
      • Chobe Holdings Back to Glory Days of Profitability

      Site

      • About
      • Advertise
      • Privacy Policy
      • Cookie Policy
      • Contact
      • Subscribe
      • E-edition

      © 2021 The Business Weekly & Review. All Rights Reserved.

      No Result
      View All Result
      • Home
      • News
      • Economy
      • Columns
      • Companies & Markets
      • In Business With
      • Lifestyle
        • Motoring
      • Sports
      • Subscribe

      © 2021 The Business Weekly & Review. All Rights Reserved.

      Welcome Back!

      Login to your account below

      Forgotten Password? Sign Up

      Create New Account!

      Fill the forms below to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Are you sure want to unlock this post?
      Unlock left : 0
      Are you sure want to cancel subscription?