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    Botswana’s women boxing on the rise 

    Boxers Finally Receive their Prize Money from 2022 African Championships

    Darts Expects Only P50K from BNSC for 2023/24

    Darts Expects Only P50K from BNSC for 2023/24

    Botswana athletes to train in USA

    Botswana athletes to train in USA

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    April will see 2nd Instalment of Summer Kids Marathon

    April will see 2nd Instalment of Summer Kids Marathon

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      Botswana’s women boxing on the rise 

      Boxers Finally Receive their Prize Money from 2022 African Championships

      Darts Expects Only P50K from BNSC for 2023/24

      Darts Expects Only P50K from BNSC for 2023/24

      Botswana athletes to train in USA

      Botswana athletes to train in USA

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      April will see 2nd Instalment of Summer Kids Marathon

      April will see 2nd Instalment of Summer Kids Marathon

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      Retirement savings face depletion

      While the industry understands the cogent argument for easing the predicament of members in instances such as mortgages, chronic illnesses and loans to pay, there are concerns that the new provisions in the Retirement Funds Act 2022 that allow members to encash from their pension savings may result in considerably eroded pension savings before members actually retire. Alexforbes recently offered its perspectives on the changes

      mm by Kabelo Adamson
      November 4, 2022
      in News
      Reading Time: 1 min read
      0
      Safeguarding Botswana’s financial stability

      CEO of NBFIRA, Oduetse Motshidisi

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      • New NBFIRA Act to lead to an increase in encashment options
      • Members’ net worth replacement ratio to decline 
      • New Law to cushion members and give them flexibility to spend from pensions 

      Since the introduction of pension benefits in Botswana, the main purpose of this benefit was to provide the working class with a retirement plan to assist workers in their life after formal employment. This was to safeguard the government against high numbers of people who became destitute once they were no longer employed. 

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      Tags: AlexforbesNBFIRA ActRetirement Funds Act 2022

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