Business Briefs

Debswana Pension Fund buys stake in Puma

The Debswana Pension Fund has acquired a 10% stake in Puma Energy Botswana. A signing ceremony to mark the sealing of the deal will be signed in Gaborone today. DPF is the largest pension fund in Botswana outside the public officers pension fund. Puma Energy, which took over from BP Botswana in 2010, is one of the leading oil companies in Botswana with lucrative commercial customers such as with Debswana, BCL, BDF, and Central Transport Organisation (CTO).