Debswana Pension Fund breaches P6bn mark

The Debswana Pension Fund (DPF) registered growth on its investment portfolio as it breached the P6 billion mark for the period ending 30 June 2015.

DPF is the largest pension fund in the outside the public officers pension fund.

In a presentation at the 2014-year end review at the 2015 Pensioners Conference, it was revealed that total fund value as at December 31, 2014 was P5.7 billion, which was an increase from P4.97 billion from the same period in 2013.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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