No Withdrawal Penalties At SIMS

FRANCISTOWN: Stanbic Investment Management Services (SIMS), a subsidiary of Stanbic Bank, will soon launch an equity fund to offer more options in the bank's fund investment services.

SIMS Broker Consultant, Thabo Moipolai, revealed this last Thursday when presenting the unit trust to potential customers at Marang Residency, a part of Marang Hotel, in Francistown. Moipolai told Monitor Business that the equity fund would be launched in a month's time "if the regulator gives us the go ahead."  

He said the equity fund will offer investors further options in the product range offered by SIMS. SIMS was presenting its new products, the Managed Prudential Fund and the Money Market Fund, which are intended to offer investors more options in its product range. 

Editor's Comment
BGCSE results: A call for gov't to act

The Botswana Examination Council (BEC) released the BGCSE results for students who sat for Form 5 examinations in 2024.Whilst initially BEC released that only 3,673 candidates scored 36 points and above, the number was corrected to 6,521 during a press conference, which was held on Friday at the BEC boardroom.The set cut-off for government sponsorship is 36 points and sadly this means that only 6,521 will be eligible for the support and the...

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